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HomeMy WebLinkAboutTC BOT Agenda Packet 4.24.23Town of Westlake 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 Town Council/Board of Trustees Agenda Council Chamber4:00 PMMonday, April 24, 2023 The Town Council of the Town of Westlake serves as the governing Board for Westlake Academy. This agenda may contain both municipal and Westlake Academy items, which will be clearly identified. In an effort of transparency, this meeting will be viewable to the public via Live Stream and also available for viewing after the meeting. In an effort of meeting efficiency, any residents wishing to speak on action items must submit a speaker request form to the Town Secretary prior to the start of the meeting. (Speaker request forms are available online) A.WORK SESSION – Call to Order (4:00 P.M.) A.1.Discuss teacher compensation for Westlake Academy23-116 B.CALL TO ORDER - Regular Meeting (5:00 P.M.) C.PLEDGE OF ALLEGIANCE D.CITIZEN/PARENT COMMENTS: This is an opportunity for citizens to address the Town Council or Board of Trustees on any matter, whether or not it is posted on the agenda. Any residents wishing to speak on action items must submit a speaker request form to the Town Secretary. (Best practice is to submit the speaker form prior to the start of the meeting.) If your questions are satisfied, you may choose not to speak. Individual citizen comments are normally limited to three (3) minutes; however, time limits can be adjusted by the presiding officer. The presiding officer may ask the citizen to hold their comment on an agenda item if the item is posted as a Public Hearing.The Town Council and Board of Trustees cannot by law take action nor have any discussion or deliberations on any presentation made at this time concerning an item not listed on the agenda. The Town Council and Board of Trustees will receive the information, ask staff to review the matter, or an item may be noticed on a future agenda for deliberation or action. E.ITEMS OF COMMUNITY INTEREST: Mayor and Council Reports on Items of Community Interest pursuant to Texas Government Code Section 551.0415 the Town Council may report on the following items: (1) expression of thanks, congratulations, or condolences; (2) information about holiday schedules; (3) recognition of individuals; (4) reminders about upcoming Town Council events; (5) information about community events; and (6) announcements involving imminent threat to public health Page 1 of 3 Town Council/Board of Trustees Agenda April 24, 2023 and safety F.REPORTS: Reports are prepared for informational purposes and will be accepted as presented. (There will be no presentations associated with the report items.) There will be no separate discussion unless a Town Council Member requests that report be removed and considered separately. F.1.Receive a Quarterly Financial Report for the Municipal Budget23-97 F.2.Receive a Quarterly Report from the Planning & Zoning Commission23-112 F.3.Receive a Quarterly Report from the House of Commons (HOC)23-114 F.4.Receive a Quarterly Report from the Westlake Academy Athletics Club (WAAC) 23-117 G.CONSENT AGENDA: All items listed below are considered routine by the Town Council and /or Board of Trustees and will be enacted with one motion. There will be no separate discussion of items unless a Council/Board Member or citizen so requests, in which event the item will be removed from the general order of business and considered in its normal sequence . G.1.Consider approval of Town Council Board of Trustees Meeting Minutes from the following meeting(s): March 27, 2023; and take appropriate action 23-107 G.2.Consider approving Resolution 23-29 approving the Organizational Chart to reflect current operations .; and take appropriate action RES 23-29 H.PUBLIC HEARING: H.1.Conduct a public hearing and consider adopting Ordinance 964 approving a zoning change request from O-Office Park District to Planned Development District Number 8 (PD8), including a concept plan, to allow for a hotel to be located on the portion of Lot 1, C.M. Throop No. 1510 Addition that is located within the Town of Westlake. The subject property is located at 3300 T.W. King Road at the northwest corner of T.W. King Road and State Highway 114; and take appropriate action (Continued from the March 27, 2023 Town Council meeting) ORD-964 I.REGULAR AGENDA ITEM(S) Reports are prepared for informational purposes and will be accepted as presented. (There will be no presentations associated with the report items.) There will be no separate discussion unless a Town Council Member requests that report be removed and considered separately. I.1.Consider approving Resolution 23-28 authorizing participation in Texas Cooperative Liquid Assets Security System as an authorized investment; RES 23-28 Page 2 of 3 Town Council/Board of Trustees Agenda April 24, 2023 and take appropriate action J.CLOSED EXECUTIVE SESSION J.1.The Town Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551 for the following: (a) Section 551.071(2): Consultation with Town Attorney to seek advice of counsel on matters in which the duty of the Town Attorney under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code . (Contract with Keller Police Department) and; (Entrada) (b) Section 551.089: Deliberation regarding Security Audits or Security Personnel (Westlake Academy School Resource Officer) (c) Section 551.074(a)(1): Deliberation regarding Personnel Matters (Evaluation of Town Secretary); (Town Manager Contract) and (Westlake Academy Personnel Duties and Organizational) 23-108 K.TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS L.COUNCIL RECAP/STAFF DIRECTION M.FUTURE AGENDA ITEMS: These items have been discussed by Town Council and scheduled to be placed on future Council Agendas allowing for adequate time for staff preparation on the agenda item . N.ADJOURNMENT ANY ITEM ON THIS POSTED AGENDA COULD BE DISCUSSED IN EXECUTIVE SESSION AS LONG AS IT IS WITHIN ONE OF THE PERMITTED CATEGORIES UNDER TEXAS GOVERNMENT CODE. CERTIFICATION I certify that the above notice was posted on the bulletin board at Town of Westlake, Town Hall, located at 1500 Solana Blvd., Building 7, Suite 7100, Westlake, TX 76262, in compliance with the Texas Open Meetings Act, Chapter 551 of the Texas Government Code. __________________________ Amy M. Piukana, Town Secretary Disabilities Notice: If you plan to attend the meeting and have a disability that requires special needs, please contact the Town Secretary's Office 48 hours in advance at Ph. 817-490-5711 and reasonable accommodations will be made to assist you. Page 3 of 3 Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:23-116 Agenda Date:4/24/2023 Agenda #:A.1. ACADEMY STAFF REPORT RECCOMENDATIONS Discuss teacher compensation for Westlake Academy STAFF: Dr. Wilson, Head of School DISCUSSION: Director of Human Resources Sandy Garza will be present to provide an overview of compensation for Westlake Academy teachers. Town of Westlake Printed on 4/19/2023Page 1 of 1 powered by Legistar™ 2023-2024 Westlake Academy Compensation Last year 2022-2023 •0-year teacher salary increased from $54,600 to $58,236 – 187 days •Overall teachers/administrators/staff received an average of 6% salary increase •Budget Impact for increases: •$445,000 6% / Benefits •$120,000 Athletic Stipends 88 th Legislative Session - 2023 SB 9 Senate Bill 9 2022- 2023 DFW Salaries Keller ISD $59,000 Carroll ISD $58,600 Northwest ISD $58,250 Westlake Academy $58,236 Reminder that WA contributes at a higher rate than surrounding districts towards Health Benefit premiums. WA contributes 100% for employee coverage for two Blue-Cross Blue Shield plans. As of today: •Surrounding school districts are not moving forward with salary increase discussions until a decision is made with SB 9. Preliminary analysis with current staffing fte’s would indicate that a: •2% increase would cost $ 158,000 •3% increase would cost $ 238,000 •6% increase would cost $ 475,000 Thank you We look forward to working together to recognize and value each of our employees while maintaining financial stewardship. Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:23-97 Agenda Date:4/24/2023 Agenda #:F.1. TOWN STAFF REPORT RECCOMENDATIONS Receive a Quarterly Financial Report for the Municipal Budget STAFF: Cayce Lay Lamas, Director of Finance BACKGROUND: The Town Council/Board of Trustees require regular updates on the financial conditions of the Town. DISCUSSION: The financial report is being provided for the first quarter of fiscal year 2022-2023,which covers October through December of 2022.The Town Council/Board of Trustees may review the report and the Director of Finance will be available to answer any questions. FISCAL IMPACT: N/A STAFF RECOMMENDATION: N/A TOWN COUNCIL ACTION/OPTIONS: No action necessary. Town of Westlake Printed on 4/19/2023Page 1 of 1 powered by Legistar™ TOWN OF WESTLAKE Analysis of Dashboard for Quarter Ending 12/31/2022 Town of Westlake Quarterly Financial Analysis Summary Overview The Town of Westlake adopted a total operating budget with $27m projected in revenue and $33m planned expenditures, intending to use $5m of available fund balance for fiscal year 2022-2023. This budget is separate from the Westlake Academy operating budget, although capital expenditures and shared services are included within the Town’s budget. The Town operates fund-based accounting, or separate self-balancing accounts for specific purposes. For the purposes of the quarterly report, only major funds are included in the narrative summary. Budgetary summaries for each operating fund are included as supplemental information. General Fund Overview The General Fund is the Town’s major operating fund and responsible for most of the daily operating activities, including administrative services, fire and emergency medical services, and shared support services for the Westlake Academy. The General Fund budget was adopted with a projected $5m in use of fund balance. As the fiscal year progresses, staff will monitor budgetary performance. Fiscal projections will be updated after the second quarter to better evaluate revenues, specifically property and sales tax collections. Additionally, staff will present budget amendments for the Town Council’s consideration to formally revise the budget; budget amendments will be prepared when revenues received or expenditures authorized by the Council require a change to original adopted budget for operations to continue. Projected $15,736,919 Projected $10,694,198 YTD Actual $2,054,576 (13%) YTD Actual $6,291,177 (59%) Adopted $15,736,919 Adopted $10,694,198 0 5,000,000 10,000,000 15,000,000 20,000,000 Expenditures Revenues General Fund 1 TOWN OF WESTLAKE Analysis of Dashboard for Quarter Ending 12/31/2022 Town of Westlake Quarterly Financial Analysis Revenue Summary The General Fund revenues include three major categories: sales and use tax, property tax, and development fees and permits. The Town dedicates 1-cent of its sales tax levy to support the General Fund; 0.5-cent is designated for property tax reduction and recorded within the General Fund; the remaining 0.5-cent is for the 4B Economic Development Corporation. For tax year 2022, the Town adopted a property tax rate of $0.16788 per $100 of value; roughly 62% of the total tax levy funds general operations within the General Fund and the remaining is restricted for debt service. Development fees, including all permits, is one of the largest revenue sources for FY 2023, accounting for almost 23% of the adopted revenue budget. In total, 59% of budgeted revenues have been collected through the first three months of the year: • 107% of budgeted sales tax has been collected; staff will closely monitor this volatile revenue source and update projections after the second quarter. • 66% of the budgeted levy has been collected through the first quarter; it is expected that almost all current property tax revenues are collected by their January 31, 2023, due date. • Permits, fines, and franchise fees are trending on budget for FY 2023. Expenditure Summary The General Fund expenditures account for the majority of Town operations, including general government, public safety, public works, and cultural and recreational functions. The Town budgets for 17 different departments within these functions, each with their own characteristics and annual spending spread. For example, IT spends more at the beginning of the fiscal year to renew subscriptions and order equipment, whereas Parks & Recreation activities largely occur during the summer months. In total, 13% of budgeted expenditures have been spent through the first three months of the year: • Public safety, which comprises fire, emergency medical service, and contracted police services, make up roughly 26% of budgeted expenditures. Police services are billed quarterly; expenditures are reflected in the quarter following services. • Departments providing support to the Academy show higher than expected spending for the first quarter. This trend will correct itself when the quarterly allocations are recorded to reclassify those costs to the Academy department within the General Fund. The following departments provide shared services: o General Administrative o Town Manager’s Office o Town Secretary’s Office o Fire/EMS o Public Works o Facilities o Finance o Information Technology o Human Resources o Community Engagement • Information Technology and Communications show higher than expected spending for the first quarter due to annual subscription renewals that recur at the beginning of the fiscal year. The expenditures for these departments will normalize towards the end of the year and are not currently expected to go over budget. 2 TOWN OF WESTLAKE Analysis of Dashboard for Quarter Ending 12/31/2022 Town of Westlake Quarterly Financial Analysis Utility Fund Overview The Utility Fund is the Town’s second largest fund and responsible for the delivery of water and sewer services to all residences and businesses within the Town. It is an enterprise-type fund; fees are set annually with the intent to cover the cost to provide services, similar to a business. The Utility Fund budget was adopted with a projected $700k in use of retained earnings. Activities within this fund occur largely within the summer months. Revenue Summary The Utility Fund revenues are mainly comprised of water sales and sewer treatment revenues charged to users within the Town. In total, 33% of budgeted revenues have been collected through the first three months of the year: • 37% of budgeted water revenue has been collected; water revenue is generally contingent on rainfall and expected to be higher during dry months. • 24% of budgeted sewer revenue has been collected through the first quarter; the Town employs winter quarter averaging in order to stabilize rates and better reflect water actually treated. • Other revenues are trending slightly higher than budget for FY 2023. Expense Summary The Utility Fund expenses include the purchase of water from the City of Fort Worth, sewer treatment from Trinity River Authority, annual debt service payments, and transfers out. In total, 7% of budgeted expenses have been expended through the first three months of the year: • 9% of water purchases and sewer treated have been expended. • Debt service payments are due in February and August each year; no expenses occur in the first quarter. • Operating transfers out occur as expenditures in the General Fund are incurred; capital transfers out are recorded as needed. Projected $6,826,417 Projected $6,092,850 YTD Actual $506,577 (7%) YTD Actual $1,990,985 (33%) Adopted $6,826,417 Adopted $6,092,850 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 Expenses Revenues Utility Fund 3 TOWN OF WESTLAKE Analysis of Dashboard for Quarter Ending 12/31/2022 Town of Westlake Quarterly Financial Analysis Capital Project Funds Overview The Town of Westlake uses 3 capital project funds: Capital Projects, Arts & Sciences Center, and Westlake Academy Expansion. The adopted budgets for each of these funds are based on known revenues and projects at the time of adoption for that fiscal year and reflected in the five-year Capital Improvements Plan. These funds are life-to-date due to the nature of the projects funded therein. As various revenues are received or projects authorized by Town Council, budget amendments will be presented for approval. Revenue Summary The revenues for capital project funds include bond proceeds, donations, interest income, and transfers in from other operating funds. No debt was issued during the first quarter and the Town did not receive donations restricted to capital projects. In total, 5% of budgeted revenues have been collected through the first three months of the year: • 3% of budgeted Capital Projects revenue has been collected, all of which is interest income. • 9% of budgeted Arts & Sciences revenue has been collected, all of which is interest income. • 6% of budgeted Academy Expansion revenue has been collected, all of which is interest income. Expenditure Summary Expenditures within the capital project funds are restricted to the costs required for capital improvements and the operating costs specifically required to support the projects. No major projects were started during the first quarter. In total, 2% of budgeted expenses have been collected through the first three months of the year: • 2% of Capital Projects expenditures have occurred for SH114 Service Road and software upgrade projects. • 13% of Arts & Sciences expenditures have occurred, all of which is for design fees. • 2% of Academy Expansion expenditures have occurred, all of which is for engineering fees. Projected $2,515,033 Projected $1,755,100 YTD Actual $55,639 (2%) YTD Actual $80,362 (5%) Adopted $2,515,033 Adopted $1,755,100 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 Expenditures Revenues Utility Fund 4 TOWN OF WESTLAKE Analysis of Dashboard for Quarter Ending 12/31/2022 Town of Westlake Quarterly Financial Analysis Debt Service Overview The Town of Westlake utilizes a mix of debt instruments to finance capital projects and the acquisition of major assets for the Town and Westlake Academy. The Town maintains a rating of AAA from Standard & Poor’s rating agency to ensure the lowest interest costs available. Total outstanding debt as of December 31, 2022, is $47,649,000 across 11 different issuances. •Principal & interest payments are made twice a year, in February and August; no expenditures occur during the first quarter. •Debt obligations for fiscal year 2023 are $3,922,949 ($2,327,000 in principal and $1,595,949 in interest). Investment Holdings Overview The Town of Westlake leverages their depository for almost all the Town’s investment activities. The agreement stipulates that the interest earned will be 5 basis points above the TexPool prior month average rate, with a guaranteed base of 0.15%. The Town earned a total of $328,924 in interest from its investment activities. Economic Summary The Fed implemented additional increases to the interest rate during the first quarter of fiscal year 2023. Its December increase was at a lower amount than previous rate hikes, reflecting softening inflation and bolstering the market. Due to rising rates, housing prices declined slightly and demand lowered. In Texas, the housing market continues to be impacted by migration to the state and job growth. Service industries, particularly leisure and hospitality, continued to perform across the state despite struggles to fill available jobs in all sectors. Sources: Your Texas Economy [Dallas Fed] Monthly Newsletter January 2023 [Federated Investors] Economic Summary – Q1 2023 [Hilltop Securities] The information herein represents Westlake's Municipal and Academic investment report for the period ended December 31, 2022. The undersigned acknowledges that the Town's investment portfolios are accurate and is actively working to ensure compliance with the policies and strategies contained in the Town's Investment Policy, as adopted by Ordinance 950, and is actively working to ensure compliance with the requirements of section 2256.023 of the Public Funds Investment Act of the State of Texas. Cayce Lay Lamas, CPA Director of Finance 5 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year General Fund Revenue Summary Key Revenue Sources Budget YTD % of Budget Budget YTD % of Budget General Administrative 7,690,960 5,561,028 72% Sales Tax 4,233,984 4,532,320 107% Town Manager's Office - - 0%Property Taxes 2,004,100 696,738 35% Planning & Development 2,255,328 539,101 24%Permits 1,126,968 308,668 27% Town Secretary's Office - - 0%Fines 425,000 121,570 29% Fire/EMS Department 173,300 42,294 24%Franchise Fees 547,135 216,366 40% Municipal Court Office 507,385 142,354 28% Public Works Office - - 0% Facilities Maintenance - - 0% Finance Office - - 0% Parks and Recreation - 6,400 0%Moving Average Comparisons to Collections Collections Information Technology - - 0%12 Month Moving Average 12-MA December 31, 2022 Human Resources Office - - 0%Sales Tax 985,003 2,343,553 Community Engagement - - 0% Transfers In 67,225 - 0% Total Revenue 10,694,198 6,291,177 59% Expenditure Summary Fund Balance Budget YTD % of Budget Budget Council 2,000 - 0%Beginning (Unaudited) 13,268,443 General Administrative 1,010,959 187,661 19%Revenues 10,694,198 Town Manager's Office 517,890 139,771 27%Expenditures 15,736,919 Planning & Development 765,138 134,589 18%Ending (Projected)8,225,722 Town Secretary's Office 121,170 37,183 31% Fire/EMS Department 3,105,782 694,837 22%Restricted 1,011,684 Municipal Court Office 600,389 114,292 19%180 Day Requirement 5,845,489 Public Works Office 683,076 159,981 23%Unassigned/Available 1,368,549 Facilities Maintenance 316,291 63,991 20% Finance Office 319,255 124,395 39% Parks and Recreation 413,437 49,320 12% Information Technology 394,240 219,461 56% Human Resources Office 137,990 56,779 41% Community Engagement 88,976 29,454 33% Police Services 1,032,869 - 0% Academy 2,343,891 42,863 2% Transfers 3,883,566 - 0% Total Expenditures 15,736,919 2,054,576 13% Net Surplus (deficit)(5,042,721) 4,236,600 December 31, 2022 66 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year EDC 4B Revenue Summary Fund Balance Budget YTD % of Budget Budget Sales Tax 1,784,481 1,510,773 85% Beginning (Unaudited) 661,525 Total Revenues 1,784,481 1,510,773 85% Revenues 1,784,481 Expenditures 1,622,790 Expenditure Summary Ending (Projected) 823,216 Budget YTD % of Budget Transfer 1,622,790 988,912 61% Restricted 823,216 Total Expenditures 1,622,790 988,912 61% Unassigned/Available - December 31, 2022 77 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year EDC 4B Revenue Summary Fund Balance Budget YTD % of Budget Budget Sales Tax/Hotel Tax 616,535 8,176 1%Beginning (Unaudited)- Total Revenues 616,535 8,176 1%Revenues 616,535 Expenditures 616,535 Expenditure Summary Ending (Projected)- Budget YTD % of Budget Economic Development 141,535 -0%Unassigned/Available - Transfer 475,000 -0% Total Expenditures 616,535 -0% December 31, 2022 88 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Public Improvement District Revenue Summary Fund Balance Budget YTD % of Budget Budget Reimbursement of Admin Fees 50,000 -0%Beginning (Unaudited) 383,197 Total Revenues 50,000 -0%Revenues 50,000 Expenditures 57,000 Expenditure Summary Ending (Projected)376,197 Budget YTD % of Budget Consultant Fees 7,000 -0%Restricted 376,197 Admin Fees 50,000 12,743 25%Unassigned/Available - Total Expenditures 57,000 12,743 22% December 31, 2022 99 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Visitor Association Revenue Summary Fund Balance Budget YTD % of Budget Budget Hotel Taxes 446,075 149,373 33% Beginning (Unaudited) 166,438 Car Show 5,200 1,517 29% Revenues 701,275 Transfer In 250,000 - 0% Expenditures 949,150 Total Revenues 701,275 150,890 22% Ending (Projected) (81,437) Expenditure Summary Restricted (81,437) Budget YTD % of Budget Unassigned/Available - Transfers Out/Rent/Marketing 844,050 129,937 15% Advertising & Marketing 94,900 18,900 20% Car Show 10,200 3,783 37% Total Expenditures 949,150 152,620 16% December 31, 2022 1010 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Lonestar Public Fund Revenue Summary Fund Balance Budget YTD % of Budget Budget Interest Income 25 110 440% Beginning (Unaudited) 14,764 Total Revenues 25 110 440% Revenues 25 Expenditures - Ending (Projected) 14,789 December 31, 2022 1111 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Cemetery Fund Revenue Summary Fund Balance Budget YTD % of Budget Budget Lot Sales/Interest Income 14,925 21,093 141% Beginning (Unaudited) 323,051 Total Revenues 14,925 21,093 141% Revenues 14,925 Expenditures 25,201 Expenditure Summary Ending (Projected) 312,775 Budget YTD % of Budget Cemetery Operating Expenses 25,201 2,372 9%Restricted 312,775 Total Expenses 25,201 2,372 9%Unassigned/Available - December 31, 2022 1212 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Revenue Supported Debt Fund Revenue Summary Fund Balance Budget YTD % of Budget Budget Transfer In from 4B 1,622,790 988,912 61% Beginning (Unaudited) - Total Revenues 1,622,790 988,912 61% Revenues 1,622,790 Expenditures 1,622,790 Expenditure Summary Ending (Projected) - Budget YTD % of Budget Debt Service Payments 1,622,790 - 0% Restricted - Total Expenditures 1,622,790 - 0% Unassigned/Available - December 31, 2022 1313 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Property Tax Supported Debt Revenue Summary Fund Balance Budget YTD % of Budget Budget Property Taxes 1,202,967 397,763 33% Beginning (Unaudited) 32,688 Total Revenues 1,202,967 397,763 33% Revenues 1,202,967 Expenditures 1,235,655 Expenditure Summary Ending (Projected) - Budget YTD % of Budget Debt Service Payments 1,235,655 500 0% Restricted - Total Expenditures 1,235,655 500 0% Unassigned/Available - December 31, 2022 1414 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Capital Projects Fund Revenue Summary Fund Balance Budget YTD % of Budget Budget Interest Income 5,000 29,902 598%Beginning (Unaudited) 3,212,238 Transfer In from GF 1,010,100 -0%Revenues 1,015,100 Total Revenues 1,015,100 29,902 3%Expenditures 1,410,033 Ending (Projected)2,817,305 Expenditure Summary Budget YTD % of Budget Restricted 2,817,305 SH114 Service Road 120,000 3,581 3%Unassigned/Available - Capital Projects 1,031,832 -0% Software Upgrades 127,201 21,530 17% Sam School/Knolls Op 131,000 -0% Total Expenditures 1,410,033 25,111 2% December 31, 2022 1515 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Arts & Sciences Fund Revenue Summary Fund Balance Budget YTD % of Budget Budget Interest Income 10,000 22,510 225% Beginning (Unaudited) 3,271,059 Transfer In 250,000 - 0% Revenues 260,000 Total Revenues 260,000 22,510 9% Expenditures 55,000 Ending (Projected) 3,476,059 Expenditure Summary Budget YTD % of Budget Restricted 3,476,059 Design Fees 55,000 7,013 13% Unassigned/Available - Total Expenditures 55,000 7,013 13% December 31, 2022 1616 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Academy Expansion Fund Revenue Summary Fund Balance Budget YTD % of Budget Budget Interest Income 5,000 27,950 559% Beginning (Unaudited) 1,961,502 Transfer In 475,000 - 0% Revenues 480,000 Total Revenues 480,000 27,950 6% Expenditures 1,050,000 Ending (Projected) 1,391,502 Expenditure Summary Budget YTD % of Budget Restricted 1,391,502 Engineering & Consultant Fees - 23,516 0% Unassigned/Available - Capital 800,000 - 0% Transfer to Arts & Sciences 250,000 - 0% Total Expenditures 1,050,000 23,516 2% December 31, 2022 1717 Town of Westlake Dashboard Fiscal Year Overview: FY23 Period Ending:25% of the fiscal year Utility Fund Revenue Summary Fund Balance Budget YTD % of Budget Budget Water Revenue 3,722,173 1,393,906 37% Beginning (Unaudited) 8,751,487 Sewer Revenue 1,800,876 436,524 24% Revenues 6,092,850 Fort Worth Impact Fee 145,000 68,748 47% Expenditures 6,826,417 Duct Bank Permit Fee 198,400 21,700 11% Ending (Projected) 8,017,920 Insurance and Admin Fees 12,500 4,408 35% Other Revenue 213,901 65,699 31%Restricted 316,695 Total Revenues 6,092,850 1,990,985 33%Unassigned/Available 7,701,225 Expenditure Summary Budget YTD % of Budget Operating Transfers Out 569,460 90,291 16% Rent 84,086 14,796 18% Insurance & Phone 14,856 256 2% Bank Charges and Electric 20,350 8,076 40% Compensated Absence 4,645 -0% Workers Compensation 3,930 -0% Contractual Services 200,087 2,707 1% Water Purchases & Sewer Treated 3,822,749 361,458 9% Insurance & Travel 23,117 146 1% Office Supplies 122,559 32,118 26% Water Meters and Taps 25,780 1,816 7% Debt Service 1,067,574 (5,087) 0% Transfers Out 867,225 -0% Total Expenses 6,826,417 506,577 7% December 31, 2022 1818 Quarterly Investment Report Fourth Quarter Ended September 30, 2022 INVESTMENT ACTIVITY FINANCIAL INSTITUTION 12/31/22 09/30/22 06/30/22 03/31/22 First Financial Bank Muni General Operating - 6904 Beginning Balance 47,129,749$ 40,832,714$ 40,073,287$ 36,471,381$ Deposits 2,851,740 5,490,245 1,932,856 1,362,602 Withdrawals 1,480,844 1,546,132 1,671,853 1,668,746 Interest 122,356 83,460 22,117 4,616 Ending Balance 48,623,000 44,860,287 40,356,407 36,169,853 Westlake Academy - 6920 Beginning Balance 1,537,856 1,503,967 1,629,411 2,044,552 Deposits 26,319 951,666 726,384 747,815 Withdrawals 936,192 1,114,498 820,429 1,000,728 Interest 122 2,515 765 203 Ending Balance 628,105 1,343,650 1,536,130 1,791,842 Insurance Trust - 6946 Beginning Balance - - - - Deposits 111,264 55,139 61,939 58,690 Withdrawals 54,795 55,139 61,939 58,690 Interest - Ending Balance 56,469 - - - TexPool Muni Beginning Balance 106 105 105 105 Deposits - - - - Withdrawals - - - - Interest - - - - Ending Balance 106 105 105 105 Academy Beginning Balance 106 105 105 105 Deposits - - - - Withdrawals - - - - Interest - - - - Ending Balance 106 105 105 105 1919 Quarterly Investment Report Fourth Quarter Ended September 30, 2022 INVESTMENT ACTIVITY Investment Activity Summary as of 12/31/22 Description Yield Book & Market Value Maturity Date Settlement Date First Financial Bank 3.0000% 49,307,574 12/31/22 01/01/23 TexPool 3.9799% 213 12/31/22 01/01/23 Total Investments 49,307,786 * All accounts have a Life of 1 day and a Market Price of $1. Investment Type 12/31/22 09/30/22 06/30/22 03/31/22 T-Bills 3 months 4.25 3.13 1.49 0.44 6 months 4.55 3.63 2.11 0.83 T-Notes 1 Yr 4.68 3.89 2.65 1.34 2 Yrs 4.29 3.86 3.00 1.91 3 Yrs 4.05 3.88 3.15 2.09 5 Yrs 3.76 3.70 3.19 2.11 Gov't Pools Texpool 3.9799 2.4126 1.0013 0.1536 Sources FRB H15: Data Download Program - Choose (federalreserve.gov) TexPool BENCHMARKS 2020 Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:23-112 Agenda Date:4/24/2023 Agenda #:F.2. TOWN STAFF REPORT RECCOMENDATIONS Receive a Quarterly Report from the Planning & Zoning Commission STAFF: Ron Ruthven, Director of Planning and Development BACKGROUND: The Chairman of the Planning & Zoning Commission will be available to answer questions regarding the quarterly update. Town of Westlake Printed on 4/19/2023Page 1 of 1 powered by Legistar™ 1 DEVELOPMENT SNAPSHOT APRIL 2023 2 DEVELOPMENT ACTIVITIES MAP—APRIL 2023 The Town uses interactive web maps that can be viewed on our website which will be regularly updated. You may visit them by clicking here, clicking the map below, or scanning the QR Code. 3 DEVELOPMENT STATUS—APRIL 2023 PROJECT NO. PROJECT / DEVELOPMENT NAME LAND USE NUMBER OF LOTS/UNITS SIZE (SF/ACRES) DEVELOPMENT STATUS PERCENT COMPLETE ESTIMATED COMPLETION 1 Life Time Fitness Commercial 1 lot 100,000 sf Tree preservation fencing is up. Demolition to begin soon in December. N/A Spring 2024 2 Westlake Ranch Residential 32 lots 0.5-0.75 acre lots Civil construction is complete with the amenity center and a few homes under construction. N/A N/A 3 Aspen Ranch Residential 3 lots 3.8 acres Civil construction is near completion with building permits about to be issued. N/A Spring 2023 4 CTR Riparian Park Open Space N/A N/A Circle T Ranch is installing irrigation and wells for their master planned open space. N/A N/A 7 Entrada Block N Lot 1 Mixed-Use 10 Condo units 7,000 sf retail This 5-story building containing ground fioor retail and 10 condominium units located north of the CVS was issued for permit N/A N/A 8 View at Entrada Offlce 1 building 5,000 sf Small two-story offlce building overlooking Entrada. Tenant Finish-Outs are underway with most exterior work done. 95% Summer/Fall 2022 9 Entrada Block H Detach Homes Lots 2-4 Residential 3 lots 4,500 sf avg Permits for these homes were issued in early August 2021. N/A 2023 4 DEVELOPMENT STATUS—APRIL 2023 PROJECT NO. PROJECT / DEVELOPMENT NAME LAND USE NUMBER OF LOTS/UNITS SIZE (SF/ACRES) DEVELOPMENT STATUS PERCENT COMPLETE ESTIMATED COMPLETION 10 Entrada Block H Detach Homes Lots 1R1-1R3 Residential 3 lots 4,500 sf avg Permits for these 3 lots have been issued. N/A 2023 11 Entrada Block J Villas Residential 3 lots 4,500 sf avg Permits for these 3 lots have been issued. 2023 12 Entrada Block E Detach Homes Lots 15A-17A Residential 3 lots 4,300 sf avg 2 permits for these homes were issued in early August 2021 N/A 2023 13 Entrada Block D Detach Homes Residential 10 lots 2,000 sf avg Permits for all 10 lots have been issued. N/A 2023-2024 14 Entrada Residential Repository Commercial 1 lot 120,000 sf Foundation and concrete columns under construction. N/A 2024 15 Dahlia Bar & Bistro Restaurant 1 restaurant ~6,000 sf The third area to be flnished out on the restaurant row is Dahlia Bar & Bistro, a Mediterranean fusion restaurant. N/A 2023 5 RESIDENTIAL SUBDIVISION BUILDOUT—APRIL 2023 SUBDIVISION NAME PLAT DATE TOTAL LOTS VACANT LOTS ACRES DEVELOPMENT STATUS PERMITS ISSUED HOMES COMPLETE PERCENT COMPLETE Carlyle Court 3/7/2016 8 0 10.2 Built-out 8 8 100% Carpenter Addition 12/9/1977 14 1 31.6 Built-out 13 13 92.86% Entrada 12/14/2015 322 264 85.9 Under development 58 27 13.20% Glenwyck Farms 3/13/2000 84 2 104.3 Built-out 82 82 97.62% Granada 6/17/2013 84 4 84.3 Mostly built-out 80 68 88.10% Knolls at Solana 05/07/2020 56 23 62.5 Under development 33 13 41.07% Paigebrooke 3/8/2004 8 4 20.3 Mostly built-out 4 4 50% Quail Hollow 3/28/2016 91 41 188.3 Under development 50 26 41.76% Shelby Estates 4/7/1981 6 1 65.7 Mostly built-out 5 5 83.33% 6 RESIDENTIAL SUBDIVISION BUILDOUT—APRIL 2023 SUBDIVISION NAME PLAT DATE TOTAL LOTS VACANT LOTS ACRES DEVELOPMENT STATUS PERMITS ISSUED HOMES COMPLETE PERCENT COMPLETE Stagecoach Hills 8/16/1971 22 3 55.5 Mostly built-out 19 19 86.36% Stagecoach Area Misc. - 28 5 - Mostly built-out 23 22 80.36% Terra Bella 11/11/2008 27 1 54.8 Mostly built-out 26 24 92.59% Vaquero 3/27/2000 298 18 510 Mostly built-out 280 275 93.21% Westlake Ranch/ Aspen Ranch 9/27/2022 35 33 35 Under Development 2 0 2.86% Wyck Hill 4/3/1996 13 1 22.4 Mostly built-out 12 12 92.31% Other/ Miscellaneous - 39 15 - Mostly built-out 24 23 60.26% Total 1,136 416 1330.80 719 622 59.07% 7 RESIDENTIAL PERMITS PER YEAR BY SUBDIVISION—JANUARY 2015 – APRIL 2023 YEAR VAQUERO GRANADA TERRA BELLA CARLYLE ENTRADA QUAIL HOLLOW KNOLLS WESTLAKE RANCH OTHER TOTAL 2015 15 15 4 0 0 0 0 0 2 36 2016 10 13 2 4 0 0 0 0 0 29 2017 5 16 2 1 3 0 0 0 1 28 2018 8 12 2 2 24 5 0 0 1 54 2019 6 10 1 1 0 11 0 0 0 29 2020 4 1 2 0 0 7 7 0 0 21 2021 4 4 0 0 5 11 11 0 3 38 2022 1 7 0 0 19 12 14 0 1 54 2023 1 0 0 0 0 3 2 2 0 8 Total 53 78 13 8 51 46 32 2 8 297 8 12 10 1 4 7 0 8 6 4 4 1 1 24 0 0 5 19 5 11 7 11 12 3 0 0 7 11 14 2 0 0 0 0 0 2212 0 0 0 2 1 0 0 0 01 0 0 3 1 0 54 29 21 38 54 8 0 10 20 30 40 50 60 2018 2019 2020 2021 2022 2023 Pe r m i t I s s u e d Year Residential Permits Per Year | January 2018 -April 2023 GRANADA VAQUERO ENTRADA QUAIL HOLLOW KNOLLS WESTLAKE RANCH TERRA BELLA CARLYLE OTHER TOTAL Linear (OTHER) 9 ENTRADA PROJECT STATUS—APRIL 2023 PROJECT NAME TOTAL LOTS / UNITS SIZE CONTRACTOR DEVELOPMENT STATUS ESTIMATED COMPLETION CVS Pharmacy 1 13,378 sf Wurzel Builders Completed February 2017 Primrose Daycare 1 12,460 sf Cooper General Contractors Completed May 2017 Entrada Sales Office 1 3,463 sf Crescent Custom Homes Completed June 2018 Entrada Retail Corner 2 Retail Offlce: 43,336 sf Diesel Design Build All finish-out permits complete 3 Leases Remain 2021 Entrada Starbucks 1 2,834 sf Diesel Design Build Completed 2020 Entrada Residential Block J 3 4,500 sf avg Calais Custom Homes Completed 2019 Entrada Residential Block E 12 5,000 sf avg Crescent Custom Homes Completed 2020 Entrada Residential Block I 12 3,600 sf avg Pentavia Custom Homes Completed 2020 10 ENTRADA PROJECT STATUS—APRIL 2023 PROJECT NAME TOTAL LOTS / UNITS SIZE CONTRACTOR DEVELOPMENT STATUS ESTIMATED COMPLETION Pedestrian Bridge 1 - Crescent Custom Homes Completed 2020 Aragon Parking Garage 1 148,398 sf Diesel Design Build Completed 2022 Chapel 1 3,207 sf Crescent Custom Homes Completed 2022 Reception Hall 1 14,418 sf Crescent Custom Homes Completed 2022 Restaurant Row Building 1 3 restaurants 15,422 sf Crescent Custom Homes Shell Complete 2022 Restaurant Row Building 2 3-4 restaurants 22,414 sf Crescent Custom Homes Shell Complete 2022 The View at Entrada 1 5,725 sf Highland Builders Tenant Finish-Outs are underway. Summer 2023 Block N Mixed Use 1 lot 10 condominium units 8,200 sf retail 1,785.1 avg sf condominium Bernal Custom Under construction Summer 2024 11 ENTRADA PROJECT STATUS—APRIL 2023 PROJECT NAME TOTAL LOTS / UNITS SIZE CONTRACTOR DEVELOPMENT STATUS ESTIMATED COMPLETION Block H Detached Homes 6 lots 4,500 sf avg Crescent Custom Homes and David Ford Builders Building permits were issued for all 6 lots 2022-2023 Block E Detached Homes 3 4,300 sf avg Crescent Custom Homes 2 / 3 lots issued for permit 2022 Block D Detached Homes 10 2,000 sf avg AMR Westlake Villas Building permits were issued for all 10 lots 2023 Entrada Residential Block J 3 4,500 sf avg Bernal Custom Homes Building permits were issued for all 3 lots 2023 Residential Repository 1 lot 120,000 sf Ringtex Group / AMR Building permit issued in September 2022 2025 Dahlia Restaurant 6,000 sf Genco Commercial Under construction 2023 12 ACTIVE PLANNING & ZONING CASE LOG CASE NUMBER TYPE LOCATION DESCRIPTION CURRENT STATUS RESOLUTION STATUS Z-07-06-22 Zoning Request NW Corner of TW King & SH 114 Zoning request for new hotel development Item Tabled N/A FP-04-03-23 Final Plat 2401 US 377 Final plat of the Dutch Bros property Planning & Zoning Commission N/A PSE-03-28-23 Preliminary Site Evaluation Villaggio Preliminary engineering plans for Villaggio Planning & Zoning Commission N/A SP-03-28-23 Site Plan 36 Cortes Entrada Phase II Site Plan In Review by DRC N/A SP-03-28-23 Site Plan 1600 Solana Blvd Entrada Phase III Site Plan In Review by DRC N/A PSE-01-11-23 Preliminary Site Evaluation Deloitte Preliminary engineering plans for Deloitte Planning & Zoning Commission N/A Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:23-114 Agenda Date:4/24/2023 Agenda #:F.3. ACADEMY STAFF REPORT RECCOMENDATIONS Receive a Quarterly Report from the House of Commons (HOC) STAFF: Dr. Wilson, Head of School BACKGROUND: A representative with the HOC will be present to answer any questions. Town of Westlake Printed on 4/19/2023Page 1 of 1 powered by Legistar™ Westlake Academy House of Commons 2022-2023 What is the WAHOC The WA House of Commons (WAHOC) is the school’s Parent/Teacher Organization (PTO) for Westlake Academy. WAHOC’s Mission Statement The purpose of the Westlake Academy House of Commons is building, serving and supporting the Westlake Academy Community and the fostering of a first class education for all Westlake Academy students. WESTLAKE ACADEMY HOUSE OF COMMONS (HOC) BOARD 2022-2023 Board of Directors Positions: Position Name Position Name Speaker Executive Board Mary Beth Rhea Teacher Appreciation Director Rachel Richardson Vice Speaker Executive Board Dahlia Hassani Teacher Appreciation Director Co-Chair Mandy Morrison Secretary Executive Board Camille Ace Spirit Shop Director Khyati Patel Treasurer Executive Board Mattie McCoy Spirit Shop Director Co- Chair Fundraising Director Tiffiny Rogel Social Events Director Ali Coffey Fundraising Co-Director Social Events Director Co-Chair Marsha Ailey Community Director Jessica Smith Communications Director Emily Roberts Community Director Co-chair BobbyJo Crouch Communications Director Co-chair Adrianne Yule Volunteer Director Mia Tiddden Historian Committee Chair Positions: Position Name Position Name Room Parent Coordinator Christina Crawford New Family Mentor Coordinator Tammy Reeves Uniform Resale Chair Helen Shawan Daddy/Daughter Dance Annittra K Martin/Meghan Nelan Online Spirit Shop Elizabeth Allen PYP Bulletin Board Amber Dias Spirit Night Chair Tiffany Rogel Social Media Chair Adrianne Yule Grandparents Day Chair Jessica Smith/ BobbyJo Crouch Mother/Son Event Marsha Ailey/ Ali Coffey Holiday Tree Coordinator Yelena Johnson Financial Coordinator Annittra K Martin MYP Community Chair Patty Pinnsonault Kidz Rule the School Chair Tiffiny Rogel EPI school supplies, end of year Tiffiny Rogel PYP Community Chair Chandrika Dasgupta Fundraising ●Spirit Shop ●Resale ●Online Spirit Shop ●Fundraising events ●Grocery Store Programs ●100X ●Membership dues How we are giving back this year! ●Senior Bricks ●Teacher of the Year ●Grades 6-8 science supplies ●Kona Ice (Field Day) ●Monthly Teacher Appreciation Activities ●Teacher Appreciation Holiday party Teacher appreciation Supporting our teachers and staff at WA ●Back to school luncheon●Stocking the teachers’ lounges●Providing a coffee truck●Hosting a holiday party●Giving teacher and staff gift cards●Providing snacks for testing days Back to School Night We take membership dues and explain who we are as an organization Spirit Shop and resale shops are open Tears and Cheers and Kinder playdate One on one time with teachers and staffProviding coffee, breakfast, and support for the Kindergarten Parents. New Family Breakfast Welcoming New Families to the school. We invite all the affiliates to join and answer any questions PYP/MYP Coffee Mornings Working with administrators to tackle necessary topics that help keep parents informed. Meetings with parents are held quarterly! Grandparent’s Day Providing breakfast and decor for Grandparent’s Day.Helping the administration to make sure the event runs smoothly! Monster Mash -Community building event that included trunk or treating, crafts,face painting, exotic petting zoo, cupcake walk, spirit wear tie dye, food & fun! -394 students attended, around 700 total people -WA students earned over 100 service hours -Generated funds that support HOC programs. Total revenue was $18,160; net profit was $11, 326. Monster Mash Daddy Daughter Dance & Mother Son Night -Community building events for PYP students and their families. Around 200 in attendance. The MPH was transformed into Paris for the dance. Mother Son was a fun night of Nerf wars and Laser tag. -All volunteers were WA students. Over 100 service hours were earned. WAHOC also provides additional support to WA staff & families in many other ways, including... ●New Family Mentor Program -connects new families to current families to help acclimate to Westlake Academy ●Room Parent Coordinator-managing communication between administration and room parents ●Membership Toolkit (online school directory) ●Volunteer base for various school activities, such as School Picture Day, student socials, bulletin board, room parent support, and more! ●DAWGS (Dads and Westlakes Great Students) -assists with carline drop off & parking at WA events along with other needs around campus. ●Holiday Decor for PYP What’s coming up? ●Bandana Bonanza (Spring Festival) April 22 ●Kids Rule the School ●PYP Coffee Mornings ●MYP Coffee Mornings ●Teacher Appreciation Week in May ●Spirit Shop & Uniform Resale Shops Connect with us: ●Weekly emails ●Monthly Board meetings -open to everyone ●Visit our Website: wa-hoc.org ●Facebook Pages: Westlake Academy House of Commons Challenges: ●Permanent Spirit Shop location Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:23-117 Agenda Date:4/24/2023 Agenda #:F.4. ACADEMY STAFF REPORT RECCOMENDATIONS Receive a Quarterly Report from the Westlake Academy Athletics Club (WAAC) STAFF: Dr. Sean Wilson, Head of School BACKGROUND: A representative with the WAAC will be present to answer any questions regarding the WAAC quarterly report. Town of Westlake Printed on 4/19/2023Page 1 of 1 powered by Legistar™ The Westlake Academy Athletics Club Quarterly Update Westlake Academy Athletic Club Board President-John Davidson VP –Andy Hatfield Treasurer –Tony Kilgore Secretary –Gail Krieger Others -Tom Cawthra, Jennifer Griffin, Gracie Ward, Patricia Sansone, Bri Deslongchamps, Meg & Jesse Sonday WAAC Purpose To support academically-minded student athletes at Westlake Academy in order to support a well- rounded education. Key Achievements •2022 –2023 Grants: •Football: $10,000 lights rental for home football games •Cheer: $3,002.60 in equipment (megaphones, poms, signs) •Basketball: Up to $2,800 in portable goals for MPH/MYP •Gymnasium Improvements: •Phase 1 Architectural fees for planning: $24,600 •Phase 2 Architect selection of materials, finishes: $75,000 •Phase 3 Construction costs, implementation: $1,087,968 •2020 –2021 Grants: •Hardships (athletes unable to afford fees): $3,300 •Baseball pitching machine, volleyballs, poms, megaphones: $11,031 •Subscription for Blue Frame streaming service: $1,000 •Baseball “Game Changer”: $250 •2019 –2020 Grants: •Football games rent fog machine, HOCO lights: $1,735.57 •Tennis equipment: $815.07 •Volleyball standards, balls, El Paso trip: $8,700 •Coaches “welcome back dinner”: $486 •Senior parade signs, balloons, helium: $937.59 •Year end athletic banquet awards: $1,558.15 •2018 –2019 Grants: •Purchase Hudl for Basketball: $815.07 •Track & Field competition shot put and discus: $349.15 •Weight room items: $430.25 •Soccer shelter replacement canvas: $2,475.50 •Baseballs: $1,508.34 •Hats: $572.40 •Rental fee for Grand Prarie Airhogs stadium: $1,200.00 What’s Next for WAAC PLANNING THE WAAC ANNUAL ALL- SPORTS BANQUET AND AWARDS CEREMONY. ADAPTING TO A NEW WAAC FUNCTION SINCE THE AD HAS TAKEN OVER THE FUNCTION OF COVERING AND COLLECTING MONIES FOR SPORTS GATES AND CONCESSIONS PLANNING A WESTLAKE 5K BASED ON THE SUCCESS OF THE “SAWYER THE FIERCE” COLOR RUN ALTERNATIVE AND ADDITIVE EVENTS: PICKLEBALL TOURNAMENT, COACHES VS STUDENTS FUND RAISING GAMES (BASKETBALL, VOLLEYBALL, ETC), ALL- SPORTS DECATHLON TYPE EVENT FOR WESTLAKE ACADEMY STUDENTS, RESIDENTS, FACULTY, AND TOWN STAFF. OPEN TO SUGGESTION. Questions/Suggestions?? Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:23-107 Agenda Date:4/24/2023 Agenda #:G.1. TOWN STAFF REPORT RECCOMENDATIONS Consider approval of Town Council Board of Trustees Meeting Minutes from the following meeting(s): March 27, 2023; and take appropriate action STAFF: Amy M. Piukana, TRMC, Town Secretary BACKGROUND: The Town Council will review and approve the following meeting minutes: ·March 27, 2023 Once approved,all meeting minutes will be executed and uploaded to the Town of Westlake website for transparency and Laserfiche software for state retention compliance. TOWN COUNCIL ACTION/OPTIONS: 1)Motion to approve minutes, as presented. 2)Motion to amend the minutes with the following stipulations (please state stipulations in motion) 3)Motion to table 4)Motion to deny Town of Westlake Printed on 4/20/2023Page 1 of 1 powered by Legistar™ Town of Westlake 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 Town Council/Board of Trustees Meeting Minutes 4:00 PM Council ChamberMonday, March 27, 2023 Present:Mayor Sean Kilbride, Mayor Pro Tem David Quint, Council Member Kim Greaves, and Council Member Anna White Absent:Council Member Chandrika Dasgupta, and Council Member Tim Shiner A.WORK SESSION – Call to Order (4:00 P.M.) Mayor Kilbride called the meeting to order at 4 p.m. A.1.RES 23-20 Discuss and review first draft of Resolution 23-20 amending the Town of Westlake’s Employee Personnel Manual Director of Human Resources Sandy Garza briefed Town Council regarding this item. Council Member Greaves suggested holding a separate work session to discuss in more detail. Mayor Pro Tem Quint recommended a briefing be provided to better understand proposed amendments. After discussion, Council Member White requested researching surrounding city vacation and accrual days to identify the current market. Mayor Pro Tem Quint requested staff evaluations be provided to all employees. Council Member Greaves recommended implementing the use of evaluation software similar to the Fire Department. Mayor Kilbride recessed the meeting at 4:48 p.m. for a break. B.REGULAR MEETING – Call to Order (5:00 P.M.) Mayor Kilbride called the meeting to order at 5:01 p.m. C.PLEDGE OF ALLEGIANCE Page 1 of 5 Mayor Kilbride led the Pledge of Allegiance and Pledge to the Texas Flag. Town Council/Board of Trustees Meeting Minutes March 27, 2023 D.ITEMS OF COMMUNITY INTEREST: Director of Communications Jon Sasser provided a report on items of community interest. E.REPORTS: E.1.23-103 Receive a Westlake Academy First Quarter Financial Report Westlake Academy Finance Manager Marlene Rutledge briefed Town Council regarding this item. Ms. Rutledge explained quarterly updates would be beneficial to identify budget amendments. This was a report discussion item, no action was taken. E.2.23-100 Receive a report of Westlake Academy PYP Enrollment and Expansion for 2023 to 2027 Westlake Academy PYP Principal Rod Harding and Head of School Dr. Sean Wilson briefed Town Council regarding this item. Mayor Kilbride noted a follow up discussion on this item will be necessary. This was a report item, no official action was taken. E.3.23-101 Receive a Quarterly Report from the Texas Student Housing Authority Executive Director and Financial Manager Tracy Harrow and former Mayor Scott Bradley (President) provided a Quarterly update on the Texas Student Housing Authority. There was no official action taken on this item. F.CITIZEN/PARENT COMMENTS: None G.CONSENT AGENDA: G.1.23-104 Consider approval of Town Council Board of Trustee Meeting Minutes from the following meeting(s): February 27, 2023, March 6, 2023 and Page 2 of 5 March 20, 2023; and take appropriate action Town Council/Board of Trustees Meeting Minutes March 27, 2023 G.2.ORD-966 Consider adopting Ordinance 966 canceling the May 6, 2023 General Election and declaring each unopposed candidate elected to office; and take appropriate action G.3.RES 23-23 Consider approving Resolution 23-23 authorizing the purchase of network equipment necessary for the modular buildings at Westlake Academy, in an amount not to exceed $80,000, and amending the adopted FY 22-23 budget to allocate the necessary funding; and take appropriate action Mayor Pro Tem Quint requested clarification on Consent Item G.3 regarding network equipment. Director of Information Technology Jason Power briefed Town Council regarding this item noting this approval is specific to network switches and wireless points. After discussion, a motion was made by Mayor Quint, seconded by Council Member White to approve Consent Items G.1 through G.3, as presented. Motion approved unanimously. H.PUBLIC HEARING: H.1.ORD-964 Conduct a public hearing and consider adopting Ordinance 964 approving a zoning change request from O-Office Park District to Planned Development District Number 8 (PD8), including a concept plan, to allow for a hotel to be located on the portion of Lot 1,C.M. Throop No. 1510 Addition that is located within the Town of Westlake. The subject property is located at 3300 T.W. King Road at the northwest corner of T.W. King Road and State Highway 114; and take appropriate action (Continued from the March 27, 2023 Town Council meeting) Planning Director Ron Ruthven briefed Town Council regarding this item. Mr. Ruthven noted applicant requested tabling this item to the April 24, 2023 Town Council meeting. Motion made by Council Member Greaves to continue the public hearing to the April 24, 2023,Town Council meeting. Motion seconded by Council Member White. Motion approved unanimously. H.2.ORD-967 Conduct a public hearing and consider adopting Ordinance 967 approving proposed amendments to Ordinance 693, approving the zoning and concept plan for the PD1-3 zoning district (Granada), to construct a guard house at the main entry gate; and take appropriate action Planning Director Ron Ruthven briefed Town Council regarding this item. Page 3 of 5 Town Council/Board of Trustees Meeting Minutes March 27, 2023 Mayor Kilbride opened the public hearing. There being no one present, Mayor Kilbride closed the public hearing. Motion was made by Mayor Pro Tem Quint to approve Ordinance 967, as presented. Motion seconded by Council Member White. Motion approved unanimously. I.REGULAR AGENDA ITEM(S) I.1.WA RES 23-08 Consider approving WA Resolution 23-08 amending the Proof of Residency Policy for Westlake Academy; and take appropriate action Head of School Dr. Sean Wilson and Accountability Director and Registrar Darcy McFarlane briefed Town Council/Board of Trustees regarding this item. After discussion, Council Member Greaves made a motion to approve WA Resolution 23-08, as presented. Motion seconded by Mayor Pro Tem Quint. Motion approved unanimously. I.2.WA RES 23-09 Consider approving WA Resolution 23-09 amending the Admission Policy 1.02 at Westlake Academy; and take appropriate action Head of School Dr. Sean Wilson and Accountability Director and Registrar Darcy McFarlane briefed Town Council/Board of Trustees regarding this item. After discussion, a motion was made by Mayor Pro Tem Quint to approve WA Resolution 23-09, as presented. Motion seconded by Council Member White. Motion approved unanimously. I.3.RES 23-21 Consider approving Resolution 23-21 authorizing the Mayor to amend the agreement between the Town of Westlake and Steele & Freeman for the guaranteed maximum price (GMP) of $1,087,968.00 to $1,236,844.00 to make improvements to the downstairs public restrooms in the Gym building and authorize town staff to make funding changes not to exceed $25,000.00 on this project; and take appropriate action Procurement Manager Oliver Duff briefed Town Council regarding this item. After discussion, a motion was made by Council Member Greaves to approve Resolution 23-21, as presented. Motion seconded by Council Member White. Motion approved unanimously. Page 4 of 5 Town Council/Board of Trustees Meeting Minutes March 27, 2023 J.CLOSED EXECUTIVE SESSION J.1.23-99 The Town Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551 for the following: (a) Section 551.071(2): Consultation with Town Attorney to seek advice of counsel on matters in which the duty of the Town Attorney under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code. (FM 1938 access for proposed Southlake Development) Mayor Kilbride recessed into closed executive session at 6:52 p.m. and adjourned at 7:35 p.m. K.TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS No action. L.FUTURE AGENDA ITEMS: No action M.ADJOURNMENT There being no further business, Mayor Kilbride adjourned the meeting at 7:37 p.m. Signed by: _______________________________ Mayor Sean C. Kilbride Attested by:______________________________ Amy M. Piukana, TRMC, CMC Page 5 of 5 Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:RES 23-29 Agenda Date:4/24/2023 Agenda #:G.2. TOWN STAFF REPORT RECCOMENDATIONS Consider approving Resolution 23-29 approving the Organizational Chart to reflect current operations.; and take appropriate action STAFF: Sandy Garza, Director of Human Resources BACKGROUND: The Municipal organizational hierarchy has been altered with the elimination of the Deputy Town Manager and Assistant Town Manager positions.The revised organizational chart denotes the reporting changes of departments to the Town Manager for positions that previously reported to the Deputy Town Manager or Assistant Town Manager. There were departments listed on the previous organizational chart that were not funded positions,i.e.,Parks and Recreation and Facility/Maintenance that have been eliminated from the chart.In addition,the Town Marshal position has been eliminated. STAFF RECOMMENDATION: Staff recommends approval of this resolution. TOWN COUNCIL ACTION/OPTIONS: 1)Motion to approve Resolution 23-29, as presented. 2)Motion to amend with the following stipulations (please state stipulations in motion) 3)Motion to table 4)Motion to deny Town of Westlake Printed on 4/19/2023Page 1 of 1 powered by Legistar™ ` Resolution 23-29 Page 1 of 1 TOWN OF WESTLAKE RESOLUTION 23-29 A RESOLUTION BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, APPROVING THE REVISED ORGANIZATIONAL CHART. WHEREAS, the authorities of the Town of Westlake believe that the functions of municipal government can be performed more economically and efficiently by revising the reporting hierarchy of the Town of Westlake Municipality; and WHEREAS, the Town of Westlake wishes to structure the Municipal hierarchy by eliminating the Deputy Town Manager and Assistant Town Manager positions; and WHEREAS, the Town of Westlake has eliminated the Town Marshal position as outlined in the revised Organizational Chart, attached hereto as Exhibit A. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: the organizational flow chart, “Exhibit A” is hereby amended to reflect these changes. SECTION 2: that this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 24 DAY OF APRIL 2023. _____________________________ ATTEST: Sean Kilbride, Mayor _____________________________________ Amy Piukana, TRMC, CMC; Town Secretary _____________________________________ APPROVED AS TO FORM: Citizens of Westlake Mayor and Town Council / BOTAdvisory Boards and Committees Town and Academy Attorney Court Judge TX Student Housing Town Secretary Town Manager Head of School Director of Finance Director of Human Resources Director of Communication Director of Information Technology Director of Planning and Development Fire Chief Public Works Superintendent Court Administrator Police Services (Contracted with City of Keller) Chief Building Official Development/ GIS Manager Planning & Dev. Coordinator Deputy Chief/ Fire Marshal Business Svc. Manager Court Clerk/ Juv. Case Mgr. Court Clerk Field Operations Coordinator Utility Technician Municipal Fin. Mgr Academy Fin. Mgr. Municipal Acct. II Academy Acct. II Municipal Acct. II Utility Billing Coord. HR Generalist Comm. Manager WA Communication Specialist Systems Admin. Database Admin. Shared Services04-2023 Procurement Mgr. Network Manager WA Tech. Coord.WA Technician Captains Lieutenant Firefighters/ Paramedics Director of Admin. & Accountability Administrative Staff Executive Director WAF Athletic Director Special Ed. Coordinator Counselors Nurse & Paramedic Assistant Coaching Staff Bus Drivers SpEd Faculty/ Staff Librarians Facility Manager Day PorterFacility Tech. DP Prin./Coord.MYP Principal PYP Principal DP Faculty/Staff MYP Asst. Principal MYP Coordinator PYP Asst. Prinicipal PYP Coordinator MYP Faculty/Staff PYP Faculty/Staff Shared Services: Finance Human Resources Communications Technology Procurement Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:ORD-964 Agenda Date:4/24/2023 Agenda #:H.1. TOWN STAFF REPORT RECCOMENDATIONS Conduct a public hearing and consider adopting Ordinance 964 approving a zoning change request from O- Office Park District to Planned Development District Number 8 (PD8), including a concept plan, to allow for a hotel to be located on the portion of Lot 1, C.M. Throop No. 1510 Addition that is located within the Town of Westlake. The subject property is located at 3300 T.W. King Road at the northwest corner of T.W. King Road and State Highway 114; and take appropriate action (Continued from the March 27, 2023 Town Council meeting) STAFF: Ron Ruthven, Director of Development and Planning Update This item was tabled by the Town Council at the February 27, 2023 meeting at the request of the applicant. Executive Summary (Including Applicable Organizational History) Hitesh Jariwala,Trophy Lodging,LTD,on behalf of property owners Varispace Southlake,LLC,is requesting approval of a zoning change for the property located at 3300 T.W.King Road in order to construct a limited- service hotel on the property with up to 130 rooms. Existing Conditions, History and Site Development Constraints The subject property is currently zoned “O-Office Park”district and currently developed as a parking lot.The lot is currently used as additional parking for the existing office complex located to the east in Southlake,which is part of the larger Solana development and is also owned by Varispace Southlake,LLC.The subject property also contains a sewer lift station that is owned and operated by the Trophy Club Municipal Utility District (TCMUD). The approximate northern one-third of the subject property is located in the town of Trophy Club while the remainder of the property is located in Westlake.The proposed hotel building would be wholly located in Westlake. Access to the State Highway 114 service is restricted by TxDOT leaving the only access to the subject property from T.W. King Road, which is located wholly within the city of Southlake. According to the existing subdivision plat for the subject property,there are several large utility and drainage easements along with building setbacks along T.W.King Road and SH 114 that,currently,serve to limit any redevelopment of the site to only a small building given the constrained building area. Historically,most of the subject property was located in the city of Southlake and was subsequently moved into Westlake’s corporate limits as a result of a legal ruling stemming from litigation between Southlake and Westlake in 1998.The current parking lot and plat were both approved by Southlake given that the subject Town of Westlake Printed on 4/19/2023Page 1 of 7 powered by Legistar™ File #:ORD-964 Agenda Date:4/24/2023 Agenda #:H.1. property was part of Southlake at the time of initial development in early 1998. In 2015 the existing multi-level parking garage located to the east of the subject property across T.W.King Road was built,negating the need for the parking located on the subject property,after which the property owner (first Blackstone,then Varispace Southlake)began seeking offers from potential developers to purchase the site.With the exception of a temporary use request for the “Journey Dome”on the property in 2022,staff has received little interest concerning the property from developers until the current developer. The following are additional conditions specific to the subject property: Plat status: Platted as Lot 1, C.M. Throop No. 1510 Addition (approved by Southlake in 1998) Lot size: 2.5 acres Existing Parking Lot: 108 parking spaces (approved by Southlake in 1998) Other conditions:Existing TCMUD sanitary sewer lift station (built in the late 1980’s to serve The Solana development). Developer’s Request The developer is requesting a zoning change to “PD-Planned Development District”from “O-Office Park” district for the following reasons: ·A limited-service hotel is not a permitted use in the “O-Office Park” district; ·Deviation from the standard building setback,landscaping,building design and parking requirements required under the “O-Office Park”zoning in order to fit the hotel on the site given the limited area and other issues as noted. ·Flexibility within the zoning approval process to allow for,and accommodate,varied conditions in order to gain approval. In the attached narrative, the developer states: “We are proposing to construct a new hotel,either a Hilton,Marriott or Hyatt Flag.A portion of the site is covered with parking,that was formerly utilized by the existing property owner and the development to the East.The [existing]parking area is no longer needed due to the construction of a large parking garage within its parent property [to the east]. The proposed project will have the following design standards: 1) Maximum number of rooms = 130 2) Maximum building height = 75 feet 3) Estimated Maximum Elevation Above Sea Level = 682 feet 4) Estimated Floor Area = 80,612 sf 5) Estimated Floor Area Ratio = 75% 6) Amenities to include a swimming pool (680 sf +/-), meeting space (520 sf +/-) and hotel offices (393 sf +/-). The project will be developed by Pegasus Hospitality Group.Near the Westlake area,the developer has opened the following hotels: Town of Westlake Printed on 4/19/2023Page 2 of 7 powered by Legistar™ File #:ORD-964 Agenda Date:4/24/2023 Agenda #:H.1. Homewood Suites by Hilton - Trophy Club Tru By Hilton - Coppell Hilton Garden Inn by Hilton - Denton They are also currently working on developing the following hotels in the Westlake area: Homewood Suites - Coppell - 137 rooms - Construction to commence quarter 3 of 2022 Hilton Garden Inn - Coppell - Construction to commence quarter 1 of 2024” In terms of economic development impacts on the Town, the developer states: “For the Proposed Hotel in Westlake,the developer plans to develop a +/-120 room hotel to be valued at approximately $20,000,000.Based on their analysis/research and underwriting,a stabilized full year is projected to yield the following statistics: 75% Occupancy $165 Average Daily Rate (ADR) $112 Revenue per Available Room (RevPAR) Based on this performance,at an approximate 7.00%occupancy tax/city tax,the expected revenue to be generated for Westlake is approximately $379,500 per year.” The developer states that,upon approval,construction would start between the 3rd quarter of 2024 and the 1st quarter of 2025. Site Development Analysis Redevelopment Feasibility - Existing Site Conditions and Zoning/Regulatory Requirements As noted above,the site,in its current condition,allows for limited redevelopment given the following conditions: ·Existing site utility/drainage easements limiting building area. ·Existing platted building setbacks (50 feet from SH 114; 30 feet from T.W. King Road). ·Existing “O-Office Park”zoning setbacks (100 feet from SH 114;100 feet from T.W.King;75 feet from rear lot line). ·Building height restrictions (maximum 2 story; 35-foot height) ·Existing freeway landscape zone from SH 114 (100 feet from SH 114 ROW). ·Existing roadway landscape zone from T.W. King Road (100 feet from ROW). ·Vehicular access to the site limited to T.W. King Road. ·Unimproved state of T.W. King Road adjacent to the site. ·Existing TCMUD lift station on site (which cannot be relocated). ·Location of northern one-third of the site in Trophy Club. Town of Westlake Printed on 4/19/2023Page 3 of 7 powered by Legistar™ File #:ORD-964 Agenda Date:4/24/2023 Agenda #:H.1. The existing site zoning, “O-Office Park”, allows for the following principal permitted commercial uses: ·General Office ·Studio (undefined) ·Bank ·Information Processing ·Laundry/Dry Cleaning ·Personal Services ·Commercial Recreation (undefined) Taking into consideration the zoning uses noted above,the Town’s minimum development requirements including setbacks/landscaping requirements,and the existing site conditions,based on a preliminary staff analysis,assuming no development waivers were granted,the maximum building size that could be built on the site is approximately 7,000 square feet containing one or more of the above listed land uses. The following is an analysis of the proposed site plan in terms of compliance with applicable Town ordinances, the Comprehensive Plan, and staff’s review of the request: Traffic Impact and Access As part of their request,the developer submitted traffic impact analysis (TIA)for review.Based on the results of the analysis,which utilized industry accepted trip generation methodology from the Institute of Transportation Engineers (ITE)Trip Generation Manual,based on a 120-room hotel,the proposed hotel would generate 959 trips per day (or 1,039 trips per day for 130 rooms). Access to the site would be solely from T.W.King Road with no access to SH 114.The developer has submitted plans and the TIA to the city of Southlake for review given the location of the road in Southlake and has not yet received approval.Access to T.W.King Road from the site will require final approval by the city of Southlake. Building Design The developer provided preliminary building elevations with their application.The elevations show a six-story building composed of a combination of EIFS,metal and resin panels.The proposed height of the building is 75 feet with maximum height above mean sea level of 682 feet. There are no building design requirements specific to the “O-Office Park”zoning.However,there are minimum building articulation requirements for non-residential buildings contained in the Town’s zoning regulations as follows: a.Horizontal articulation:No building wall shall extend for a distance equal to two times the wall's height without having an offset of 15 percent of the wall's height,and that new plane shall extend for a distance equal to at least 25 percent of the maximum length of the first plane. b.Vertical articulation:No horizontal wall shall extend for a distance greater than two times the height of the wall without changing height by a minimum of 15 percent of the wall's height. The Westlake Building Quality Manual recommends masonry,metal and glass as a primary cladding material Town of Westlake Printed on 4/19/2023Page 4 of 7 powered by Legistar™ File #:ORD-964 Agenda Date:4/24/2023 Agenda #:H.1. for commercial buildings. EIFS is not an approved material. Setbacks The proposed hotel building would be setback according to the platted setbacks of 30 feet from T.W.King Road and 50 feet from SH 114. The “O-Office Park” zoning requires 100 feet from both roadways. Parking According to the parking regulations in the Code of Ordinances,a minimum of 130 parking spaces are required for the proposed use based on the total number of hotel rooms.The developer proposes 117 spaces given site constraints. Landscaping, Screening, Buffering and Open Space Although landscaping will be provided,among other deviations,the developer proposes that the 100-foot roadway landscape buffers along SH 114 and T.W.King be reduced per the concept plan.The developer also proposes that the parking lot landscaping requirement of a minimum 60 square feet of landscaping per each parking space be reduced given site constraints. The “O-Office Park”zoning requires a minimum of 20%open space on site.Per the proposal,open space would be confined to site landscaped areas and would be minimal. Outdoor Lighting Outdoor lighting is proposed to meet Town code requirements. Signage No signage proposals have been submitted to date and will depend on the final hotel flag. Interjurisdictional approval required The town of Trophy Club,city of Southlake and the TCMUD were all sent copies of the request and all of these entities participated in the development review process along with Town staff.Although some comments have been addressed,many comments remain unaddressed given the additional level of detail needed in order to gain final approval, which will be required before construction may start. Comprehensive Plan Compliance The 2015 Comprehensive Plan does not address the subject property. Staff Recommendations and Summary There are limited options for redevelopment of the site given the factors noted herein.In order to maximize the redevelopment potential of the site,staff agrees that rezoning the property to “PD”from “O”is a viable option. However,there are several steps that must be taken to reach a point where a building permit may be issued including: ·Final approval from Trophy Club and Southlake; ·Addressing comments from the TCMUD concerning the lift station; ·Additional details regarding the building, site and hotel itself. Therefore,staff recommends approval subject to the following conditions,which are contained in the proposed ordinance: Town of Westlake Printed on 4/19/2023Page 5 of 7 powered by Legistar™ File #:ORD-964 Agenda Date:4/24/2023 Agenda #:H.1. Approving Ordinance Conditions (Ordinance 964): A.The purpose of the PD8 district is the development of a hotel.Any principal use other than a hotel is hereby prohibited.Approved accessory uses shall include a fitness center,conferencing facility, swimming pool,spa,restaurant,general retail sales typical with a hotel and the sale of alcoholic beverages for on-premises consumption. B.Development of the site shall be generally consistent with the concept plan,attached as Exhibit “B”, and the development description, attached as Exhibit “C”. C.The hotel building shall be generally consistent with the concept building elevations,attached as Exhibit “D”. D.A site plan,meeting the requirements for PD site plans in the Code of Ordinances,shall be submitted for final consideration.No building permit may be issued without an approved site plan.The site plan shall be considered as an amendment to this ordinance; E.Prior to the final consideration of the site plan,any required extra-jurisdictional approvals pertinent to the subject property including,but not limited to,zoning,roadway and utility access shall be obtained and provided directly from the pertinent entity to the Town. F.Given the redevelopment of the site,approval and recording of a replat of the subject property is hereby required prior to the issuance of a building permit; G.A situs development agreement between the developer and the town shall require approval prior to the issuance of the building permit. H.It is hereby acknowledged that certain waivers to Town ordinances are required in order to reasonably develop the site as depicted on the concept plan.However,final approval of any development waivers, including any modifications or additions to the conditions contained herein,shall be at the discretion of the Town Council upon the recommendation of the Planning and Zoning Commission as part of the approval of the required site plan. COUNCIL ACTION/OPTIONS ·Approve the proposed Ordinance; ·Approve the Ordinance with conditions/modifications; ·Deny the proposed Ordinance; ·Table the item(s). PLANNING AND ZONING RECOMMENDATION The Planning and Zoning considered this item on February 13, 2023. The Commission voted to recommend approval of the item subject to staff’s recommendations by a (4-0) vote. FISCAL/SERVICE LEVEL IMPACT TO COMMUNITY Project Cost/Funding Amount: $0.00 Funding Source: N/A Town of Westlake Printed on 4/19/2023Page 6 of 7 powered by Legistar™ File #:ORD-964 Agenda Date:4/24/2023 Agenda #:H.1. Contract:No Forms:N/A Attachments 1.Location Map 2.Existing site conditions and plat 3.Information provided by developer 4.Ordinance 964 Town of Westlake Printed on 4/19/2023Page 7 of 7 powered by Legistar™ Subject Property TW K i n g T o w n o f W e s t l a k e C I t y o f S o u t h l a k e T o w n o f T r o p h y C l u b 1998 Site Plan—city of Southlake SH 114 1998 Plat—city of Southlake Project Narrative Proposed Hotel – Highway 114 and T.W. King Road Project Information The proposed site is approximately 2.473 acres in size and is located at the northwest corner of the intersection of State Highway 114 and T.W. King Road, within the Town limits of Westlake, TX. The property is currently platted as Lot 1, of the CM Throop No. 1510 Addition. A portion of the site is covered with parking, that was formerly utilized by the existing property owner and the development to the East. This parking area is no longer needed due to the construction of a large parking garage within its parent property. We are proposing to construct a new hotel, either a Hilton, Marriott or Hyatt Flag. The proposed project will have the following design standards: 1) Maximum number of rooms = 130 2) Maximum building height = 75 feet 3) Estimated Maximum Elevation Above Sea Level = 682 feet 4) Estimated Floor Area = 80,612 sf 5) Estimated Floor Area Ratio = 75% 6) Parking ratio provided= 1 parking space per room up to 117 rooms. 117 parking space max. 7) Amenities to include a swimming pool (680 sf +/-), meeting space (520 sf +/-) and hotel offices (393 sf +/-). 8) Plan on using Trophy Club Municipal Utility District for water and sewer services. 9) Landscape setbacks as follows: · Front Setback (T.W. King) = 5’ · Front Setback (TX – 114) = 5’ · Side Setback = 10’ 10) Building setbacks as follows: · Front Setback (T.W. King) = 30’ · Front Setback (TX – 114) = 50’ · Side Setback = 30’ Developer Information The project will be developed by Pegasus Hospitality Group. The Developer has been in the hotel business since 2004. They have expertise in developing, constructing, and operating trendsetting hotels. Once their hotels open, they become leaders in their competitive sets. As operators, they thrive to provide their guests the best service, comfort, and experience they can find. They have exceptional guest satisfaction scores. Near the Westlake area, the developer has opened the following hotels: Homewood Suites by Hilton – Trophy Club Tru By Hilton – Coppell Hilton Garden Inn by Hilton – Denton They are also currently working on developing the following hotels in the Westlake area: Homewood Suites – Coppell – 137 rooms – Construction to commence quarter 3 of 2022 Hilton Garden Inn – Coppell – Construction to commence quarter 1 of 2024 The Developer’s Homewood Suites in Trophy Club won an award for being ranked in the top 5% out of all Homewood Suites hotels in the system. Their Tru hotel in Coppell is ranked within the top 15 out of all Tru hotels in the system. Economic Information For the Proposed Hotel in Westlake, the developer plans to develop a +/- 120 room hotel to be valued at approximately $20,000,000. Based on their analysis/research and underwriting, a stabilized full year is projected to yield the following statistics: 75% Occupancy $165 Average Daily Rate (ADR) $112 Revenue per Available Room (RevPAR) Based on this performance, at an approximate 7.00% occupancy tax/city tax, the expected revenue to be generated for Westlake is approximately $379,500 per year. Exterior Construction Materials The exterior construction materials for the Westlake hotel will consist of three primary facade materials. They include EIFS (Stucco), Metal Clad colored Panel System, and Resin Panels which is a composite of resin with laminate finish. For colors of each of the materials please refer to the exterior elevations for specific locations as presented on the colored elevations. Exterior grilles for exhausting interior spaces will be specified to match the windows. Windows will be galvanized metal, fixed panel, double pane insulated glass to satisfy the energy code. Development Schedule The Developer has the project scheduled to commence construction between the 3rd quarter of 2024 and the 1st quarter of 2025. Waivers to Town Development Regulations We are requesting waivers to the following Town development regulations: Sec 98-106 (b)(1) Required: Parking lots. Parking lots shall maintain a minimum of 60 square feet of landscaped area for each required off-street parking space. A maximum of 200 parking spaces is permitted in each defined parking lot. Sec 98-106 (b)(2) Required: Parking lot edge. A parking lot edge shall surround each parking lot, and be a minimum of 12.5 feet wide. The parking lot edge may overlap any parking setback line. When separating two parking lots, the parking lot edge shall be a minimum of 25 feet wide and contain an average minimum three-foot-high berm, as measured from the higher curb or paving elevation. If there is a three-foot or greater differential in the elevations of the edges of the parking lots being separated, then an average two-foot berm, as measured from the higher curb or paving elevation, shall be provided. Parking lot edges may facilitate the grading and terracing of parking lots on a site. Proposed: Landscape Edge Depths (T.W. King): 5’ (TX-114): 5’ Side Buffer: 10’ Sec 98-106 (c)(2) Required: Tree density. There shall be a minimum of one tree per parking space in all parking areas. These trees may be planted within each parking area or within the parking lot edge area. No parking space may be greater than 15 feet from a tree. Sec 98-106 (c)(4) Required: Spot islands. A spot island shall be located within a maximum 15 feet of each parking space. The distance is measured from the nearest curb line of the island to the nearest point on the edge of the parking stall. Spot islands shall be a minimum of nine feet wide by 18 feet long. The location of spot parking lot islands shall recognize convenient pedestrian circulation routes and walks within the island planned accordingly. Sec 102-124 Figure 2 Required Minimum Lot Size: 200,000 S.F. Proposed: 107,733 S.F. Required Max Building Height: 35’ or 2 Stories Proposed Max Height: 75’ Required FAR: 0.25:1 Proposed FAR: 0.75:1 Required Front Building Setback: 100’ Proposed (T.W. King): 30’ Proposed (TX-114): 50’ Required Rear Building Setback: 100’ Proposed: 30’ Required Side Building Setback: 75’ Proposed: 30’ Required Landscaping: 20% Proposed: 15% Section 102-155 Figure 3 Required: 1 for each guest room or residence unit Proposed: 1 parking space per room up to 117 rooms. 117 Max Parking Spaces. /// /// /// /// /// /// /// /// /// /// /// /// /// /// /// /// LOT 1 R BLO C K B TRO P H Y W O O D B U S I N E S S C E N T E R DOC . N O . D 2 0 7 0 3 2 0 3 8 P.R . T . C . T . W. M E D L I N S U R V E Y , AB S T R A C T N O . 1 9 5 8 E E E E EE E E E E I II T T T W D D D D D S S S S S S S S T T T T F F F F F F U U TT T T T T T T W X X X X X X X X X X X X X X X X X • • • • • • • • • • • • • • O H E O H E O H E OHE OHE OHE T W K I N G R O A D RI G H T - O F - W A Y V A R I E S STATE HIGHWAY 114 RIGHT-OF-WAY VARIES STU C C O W A L L STO N E RET A I N I N G WAL L C.M . T H R O O P S U R V E Y , AB S T R A C T N O . 1 5 1 0 50' BUILDING SETBACK CAB. A, PG. 4154 30' B U I L D I N G S E T B A C K CA B . A , P G . 4 1 5 4 10' A T & T T E L E C O M . EAS E M E N T DOC . NO. D 2 0 7 0 3 2 0 3 8 10' U T I L I T Y E A S E M E N T C A B . A, P G . 4 1 5 4 NON - E X C L U S I V E E A S E M E N T F O R UND E R G R O U N D F A C I L I T I E S VOL . 914 0 , P G . 5 3 2 VOL . 915 6 , P G . 7 7 6 VOL . 917 2 , P G . 7 2 7 VOL . 914 0 , P G . 5 9 1 VOL . 910 5 , P G . 1 9 0 VOL . 973 8 , P G . 2 3 5 4 VOL . 129 0 2 , P G . 3 3 3 VOL . 129 0 2 , P G . 3 3 4 VOL . 129 0 2 , P G . 3 3 5 VOL . 129 0 2 , P G . 3 3 6 VARIABLE WIDTH DRAINAGE EASEMENT CAB. A, PG. 4154 20' P E R M A N E N T U T I L I T Y EAS E M E N T VOL . 136 7 9 , P G . 1 3 0 DOC . NO. D 2 1 2 1 5 3 8 0 6 528 3 531 8 531 9 532 0 534 4 534 5 CAL L E D 0 . 2 1 5 2 A C R E RIG H T - O F - W A Y DED I C A T I O N CAB . A , P G . 4 1 5 4 G A S GAS GAS GAS GAS GAS GAS GAS GAS GAS GAS GAS GAS GAS GAS GAS GAS G A S G A S GAS UG T UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGTUGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UGT UG E UG E UG E UG E UG E UG E UG E W W W W W W W W W W W W W W W W UG T U G T U G T U G T U G T U G T U G T U G T U G T U G T U G T U G T U G T U G T U G T U G T U G T UG T W W SS SS SS SS SS SS SS SS SS SS UG E UG E UG E S S S S 10' UTILITY EASEMENT CAB. A, PG. 4154 PROPOSED HOTEL 6 STORIES - 120+/- GUEST ROOMS COURTYARD 8 13 PROPOSEDDUMPSTER AREA 13 12 15 14 3 11 5 10' LANDSCAPE SETBACK 5' LANDSCAPE SETBACK 5' LANDSCAPE SETBACK 19 ' 26 ' R25' R 2 5 ' 26' 9' TYP . 9' TYP. 9' 1 19'26'19' 9' TY P . 9' TY P . 19' 34. 3 ' 9' TY P . 19'26'19' 12 ' 3 3 7 6 3 5' 9' 9' 5'9'9'5'11' 9' TYP. 19 ' 12 ' 5. 5 '19' 24' 19' 19'26' 19' 26' 5.5' 19 ' 26 ' R20 ' R46 ' R63' R37' R10' R10' R20 ' R4 6 ' R2 0 ' R46' R20' R2 0 ' R20 ' RETAINING WALL R20 ' R10 ' R20' R 2 5 ' R 2 0 ' R 5 0 ' 26 ' 18' R20' R 2 0 ' NEW PUMP STATION ACCESSDRIVE AND GATE 26 ' 10 ' 12' R8' R1 0 ' DATE REVISIONS NOTICE: C Know what's below. Call before you dig.THE LOCATIONS OF EXISTING UNDERGROUNDUTILITIES ARE SHOWN IN AN APPROXIMATEWAY ONLY AND HAVE NOT BEENINDEPENDENTLY VERIFIED BY THE OWNER OR ITSREPRESENTATIVE. THE CONTRACTOR SHALLDETERMINE THE EXACT LOCATION OF ALLEXISTING UTILITIES BEFORE COMMENCINGWORK, AND AGREES TO BE FULLY RESPONSIBLEFOR ANY AND ALL DAMAGES WHICH MIGHT BEOCCASIONED BY THE CONTRACTOR'S FAILURE TOEXACTLY LOCATE AND PRESERVE ANY AND ALLUNDERGROUND UTILITIES. COPYRIGHT 2022 ATWELL LLC NOREPRODUCTION SHALL BE MADE WITHOUT THEPRIOR WRITTEN CONSENT OF ATWELL LLC CONSTRUCTION SITE SAFETY IS THE SOLERESPONSIBILITY OF THE CONTRACTOR; NEITHERTHE OWNER NOR THE ENGINEER SHALL BEEXPECTED TO ASSUME ANY RESPONSIBILITY FORSAFETY OF THE WORK, OF PERSONS ENGAGED INTHE WORK, OF ANY NEARBY STRUCTURES, OR OFANY OTHER PERSONS. 24 HOUR EMERGENCY CONTACT 0 SCALE: 1"=30' 30'15' 21 0 0 5 3 2 7 - C 2 0 0 S I T E P L A N SHEET NO. DRAWN BY: C. ATCHLEY CHECKED BY: M. HOLMES PROJECT MANAGER: J. GREEN CA D F I L E : JOB #: 21005327 FILE CODE: ## -- - - TX H W Y 1 1 4 & T . W . K I N G WE S T L A K E TA R R A N T C O U N T Y , T X - CO N C E P T P L A N 11/29/22 C200 NO T - I S S U E D - F O R - C O N S T R U C T I O N -------- PR O P O S E D H O T E L TR O P H Y L O D G I N G TE X A S F I R M N U M B E R : F - 1 2 2 4 2 CURRENT ZONING PROPOSED USE O - OFFICE HOTEL TOTAL BUILDING SIZE 80,612 SF TOTAL LOT AREA TOTAL ACREAGE 1 SPACE / 1 GUEST ROOM 107,733.95 S.F. 2.473 AC 120 PROPOSED BUILDING HEIGHT 6 STORIES, 75'-0" PROPOSED ZONING PD__________ TOTAL ROOM COUNT 120 +/- PARKING PROVIDED 117 H/C PARKING REQUIRED 5 H/C PARKING PROVIDED 5 FRONT (TW KING)30' BUILDING SETBACKS: SIDE 30' FRONT (TX-114 FRONTAGE)50' LANDSCAPE BUFFERS: 5' 5'FRONT (TW KING) SIDE FRONT (TX-114 FRONTAGE) 10' CONSTRUCTION TYPE IIB MAIN ENTRANCE OF HOTEL SC WA R C H I T E C T S Brand of hotel to be: MARRIOTT, HILTON OR HYATT BACK POOL ENTRANCE OF HOTEL SC WA R C H I T E C T S Ordinance 964 Page 1 of 9 TOWN OF WESTLAKE ORDINANCE NO. 964 AN ORDINANCE ZONING AN APPROXIMATELY 2.5 ACRE TRACT OF LAND GENERALLY LOCATED AT 3300 T.W. KING ROAD, FURTHER DESCRIBED AS LOT 1, C.M. THROOP NO. 1510 ADDITION, FROM THE “O OFFICE PARK” ZONING DISTRICT TO PD8 “PLANNED DEVELOPMENT DISTRICT NUMBER EIGHT”; APPROVING A CONCEPT PLAN FOR A HOTEL; PROVIDING FOR THE AMENDMENT OF THE OFFICIAL ZONING MAP; PROVIDING FOR A SEVERABILITY CLAUSE; PROVIDING FOR A SAVINGS CLAUSE; PROVIDING FOR A PENALTY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Chapter 102 of the Code of Ordinances of the Town of Westlake establishes zoning districts, permissible uses, development standards, and other zoning related regulations; and WHEREAS, Section 62-31 of the Code of Ordinances of the Town of Westlake adopts a Comprehensive Plan for the Town of Westlake; and WHEREAS, Section 102-33(3) of the Code of Ordinances of the Town of Westlake states that the purpose of a Planned Development District is to: Provide for a superior design of lots or buildings; Provide for increased recreation and/or open space opportunities for public use; Provide rural amenities or features that would be of special benefit to the property users or community; Protect or preserve natural amenities and environmental assets such as trees, creeks, ponds, floodplains, slopes or hills and viewscapes; Protect or preserve existing historical buildings, structures, features or places; and provide an appropriate balance between the intensity of development and the ability to provide adequate supporting public facilities and services; and WHEREAS, on July 6, 2022, the Town of Westlake received a Zoning Change Request from Trophy Lodging, LTD, on behalf of the property owner for the subject property requesting that the Town zone said property to PD8 “Planned Development District Number Eight” in accordance with Chapter 102 of the Code of Ordinances of the Town of Westlake, Texas; and WHEREAS, following provision of proper legal notice, including written notice to owners within 200 feet of the subject property, published notice and posted notice in accordance with the Texas Open Meetings Act of public hearing, a public hearing was held on February 13, 2023 by the Planning and Zoning Commission (Commission) whereby the Commission recommended to the Town Council approval zoning change; and WHEREAS, following provision of proper legal notice, including written notice to owners within 200 feet of the subject property, published notice and posted notice in accordance with the Texas Open Meetings Act of public hearing, a public hearing was held on February 27, 2023 by the Town Council; and Ordinance 964 Page 2 of 9 WHEREAS, the Council believes that the interests of the Town, the present and future residents and citizens of the Town, and developers of land within the Town, are best served by adopting this Ordinance; and WHEREAS, upon the recommendation of the Planning and Zoning Commission and after a public hearing, the Town Council of the Town of Westlake, Texas, is of the opinion that it is in the best interests of the Town and its citizens that the rezoning request should be approved and adopted. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE TEXAS: SECTION 1: That all matters stated in the preamble are found to be true and correct and are incorporated herein as if copied in their entirety. SECTION 2: That Lot 1, C.M. Throop Addition No. 1510 as shown on attached Exhibit “A” is hereby rezoned from the O, “Office Park” zoning district to PD8, “Planned Development District Number Eight”, including the approval of a concept plan, subject to the following conditions: A. The purpose of the PD8 district is the development of a hotel. Any principal use other than a hotel is hereby prohibited. Approved accessory uses shall include a fitness center, conferencing facility, swimming pool, spa, restaurant, general retail sales typical with a hotel and the sale of alcoholic beverages for on-premises consumption. B. Development of the site shall be generally consistent with the concept plan, attached as Exhibit “B”, and the development description, attached as Exhibit “C”. C. The hotel building shall be generally consistent with the concept building elevations, attached as Exhibit “D”. D. A site plan, meeting the requirements for PD site plans in the Code of Ordinances, shall be submitted for final consideration. No building permit may be issued without an approved site plan. The site plan shall be considered as an amendment to this ordinance; E. Prior to the final consideration of the site plan, any required extra-jurisdictional approvals pertinent to the subject property including, but not limited to, zoning, roadway and utility access shall be obtained and provided directly from the pertinent entity to the Town. F. Given the redevelopment of the site, approval and recording of a replat of the subject property is hereby required prior to the issuance of a building permit; G. A situs development agreement between the developer and the town shall require approval prior to the issuance of the building permit. Ordinance 964 Page 3 of 9 H. It is hereby acknowledged that certain waivers to Town ordinances are required in order to reasonably develop the site as depicted on the concept plan. However, final approval of any development waivers, including any modifications or additions to the conditions contained herein, shall be at the discretion of the Town Council upon the recommendation of the Planning and Zoning Commission as part of the approval of the required site plan. SECTION 3: This Zoning District shall be subject to all regulations contained in the Code of Ordinances of the Town of Westlake, Texas, except where amended herein. SECTION 4: That this Ordinance shall be cumulative of all other Town Ordinances and all other provisions of other Ordinances adopted by the Town which are inconsistent with the terms or provisions of this Ordinance are hereby repealed. SECTION 5: That any person, firm or corporation violating any of the provisions or terms of this ordinance shall be subject to the same penalty as provided for in the Code of Ordinances of the Town of Westlake, and upon conviction shall be punishable by a fine not to exceed the sum of Two Thousand Dollars ($2,000.00) for each offense. Each day that a violation is permitted to exist shall constitute a separate offense. SECTION 6: It is hereby declared to be the intention of the Town Council of the Town of Westlake, Texas, that sections, paragraphs, clauses and phrases of this Ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this Ordinance shall be declared legally invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such legal invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this Ordinance since the same would have been enacted by the Town Council of the Town of Westlake without the incorporation in this Ordinance of any such legally invalid or unconstitutional, phrase, sentence, paragraph or section. SECTION 7: This ordinance shall take effect immediately from and after its passage as the law in such case provides. PASSED AND APPROVED ON THIS 27th DAY OF FEBRUARY 2023. _____________________________ ATTEST: Sean Kilbride, Mayor _________________________ Amy Piukana, Town Secretary APPROVED AS TO FORM: ____________________________ L. Stanton Lowry, Town Attorney Ordinance 964 Page 4 of 9 EXHIBITS EXHIBIT A- Subject property location map EXHIBIT B- Concept Plan EXHIBIT C- Development Description EXHIBIT D- Concept Elevations Ordinance 964 Page 5 of 9 EXHIBIT “A” Location Map of Subject Property Ordinance 964 Page 6 of 9 EXHIBIT “B” Concept Plan Ordinance 964 Page 7 of 9 EXHIBIT “C” Development Description Ordinance 964 Page 8 of 9 EXHIBIT “C” Development Description (continued) Ordinance 964 Page 9 of 9 EXHIBIT “D” Concept Elevations Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:RES 23-28 Agenda Date:4/24/2023 Agenda #:I.1. TOWN STAFF REPORT RECCOMENDATIONS Consider approving Resolution 23-28 authorizing participation in Texas Cooperative Liquid Assets Security System as an authorized investment; and take appropriate action STAFF: Cayce Lay Llamas, Director of Finance BACKGROUND: Participation in the Texas Cooperative Liquid Assets Security System (Texas CLASS) will allow the Town to diversify its liquid asset holdings, decreasing financial risk. Additionally, the Town expects higher returns on the current assets, based on the depository agreement capped interest rate and the increasing market interest rates. DISCUSSION: The Town’s investment policy lists four objectives and strategies: safety of principal, liquidity, diversification, and yield. Participating in an established investment pool with the ease of wire transfers and compounds interest daily allows the Town to meet all four objectives. Additionally, municipal asset investments are regulated by the Public Funds Investment Act (PFIA). This Act restricts the allowable investment securities. Texas CLASS portfolios strictly adhere to this regulation, including training made available to investment officers. City staff will work closely with its financial advisor, Government Capital Securities, and the administrator of the fund, Public Trust Advisors, to ensure correct setup and proper investment in line with applicable laws and policies. FISCAL IMPACT: Decreased risk to the investment portfolio and increased returns will improve the Town’s financial picture. STAFF RECOMMENDATION: Staff recommends approval to participate in Texas CLASS, as an authorized investment under Public Funds Investment Act. TOWN COUNCIL ACTION/OPTIONS: 1)Motion to approve 2)Motion to amend with the following stipulations (please state stipulations in motion) Town of Westlake Printed on 4/19/2023Page 1 of 2 powered by Legistar™ File #:RES 23-28 Agenda Date:4/24/2023 Agenda #:I.1. 3)Motion to table 4)Motion to deny Town of Westlake Printed on 4/19/2023Page 2 of 2 powered by Legistar™ Resolution 23-28 Page 1 of 3 TOWN OF WESTLAKE RESOLUTION NO. 23-28 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, AUTHORIZING PARTICIPATION IN TEXAS COOPERATIVE LIQUID ASSETS SECURITY SYSTEM PROGRAM AS AN AUTHORIZED INVESTMENT. WHEREAS, the Public Funds Investment Act, Texas Government Code, Section 2256.001 et seq. (the Act) requires the governing body of each local government in this state to adopt investment policies in accordance with the Act; and WHEREAS, pursuant to the requirements of the Act, the Board of Trustees (the Governing Body) of the Town of Westlake (the Local Government) has previously reviewed and adopted an investment policy (the Policy) that provides in part that the funds of the local government will be invested in investments permitted by the Act in order to: (i) invest only in investments legally permitted under Texas law; (ii) minimize risk by managing portfolio investments so as to preserve principal and maintain a stable net asset value; (iii) manage portfolio investments to ensure that cash will be available as required to finance operations; and (iv) maximize current income to the degree consistent with legality, safety, and liquidity; and WHEREAS, pursuant to the Policy and the Act, the Local Government has appointed Cayce Lay Lamas, Director of Finance, (the Investment Officer) to act as the investment officer of the Local Government; and WHEREAS, the Act provides that funds under the control of a Local Government may be invested through investment pools meeting the standards of Section 2256.016 of the Act; and WHEREAS, the Local Government has received and reviewed the Information Statement, dated April 2021 (the Information Statement), of Texas Cooperative Liquid Assets Securities System Trust (the Program), an investment pool administered by Public Trust Advisors, LLC that sets forth the information required by Section 2256.016(b) of the Act; and WHEREAS, the Local Government has determined that the investments proposed to be acquired by the Program are of a type that are permitted by the Act and are consistent with the Policy; and WHEREAS, the Local Government has determined that an investment in the Program will assist the Local Government in achieving the goals set forth in the Policy and will tend to preclude imprudent investment activities arising out of investment transactions conducted between the Local Government and the Program; and WHEREAS, the Local Government understand that the Program operates through the Ninth Amended and Restated Trust Agreement dated as of February 25, 2021 (the Trust Agreement), that provides the terms on which the Program will operate and the rights of the Participants in the Program and set s forth the responsibilities of Public Trust Advisors, LLC as the administrator of the Program (the Administrator) and of UMB Bank as custodian (the Custodian); Resolution 23-28 Page 2 of 3 NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That the form, terms, and provisions of the Trust Agreement, a draft of which was presented and reviewed at this meeting, providing for the creation of the Program and for the rights of the Program Participants and the duties and responsibilities of the Administrator be and the same are hereby approved and adopted; and that the Investment Officer be and she is hereby authorized and directed to execute and deliver to the Administrator and the Custodian in the name and on behalf of the Local Government a participation certificate evidencing the agreement of the Local Government to be bound by the Trust Agreement substantially in the form of the Trust Agreement reviewed and approved at this meeting, together with such changes therein as may be approved by the said officer, such approval to be conclusively evidenced by the execution thereof. SECTION 2: that the investment program established by the Trust Agreement is hereby found and determined to be consistent with the Policy and to preclude imprudent investment activities arising out of investment transactions conducted between the Local Government and the Program . SECTION 3: that the Governing Body hereby officially finds and determines that the facts and recitations contained in the preamble of this Resolution are true and correct. SECTION 4: that the Governing Body hereby finds and declares that written notice of the date, hour, place, and subject of the meeting at which this Resolution was adopted was po sted for the time required by law preceding this meeting and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter thereof were discussed, considered, and formally acted upon all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and the Act. SECTION 5: that the officers of the Local Government, and each of them, shall be and each is expressly authorized, empowered, and directed from time-to-time to do and perform all acts and things and to execute, acknowledge, and deliver in the name and under the corporate seal and on behalf of the Local Government all certificates, instruments, and other papers, whether or not herein mentioned, as they may determine to be necessary or desirable in order to carry out the terms and provisions of this Resolution and of the Trust Agreement hereby authorized and approved, such determination to be conclusively evidenced by the performance of such acts and things and the execution of any such certificate, financing statement, instrument, or other paper. SECTION 6: that this Resolution shall take effect and be in full force upon an d after its passage. Resolution 23-28 Page 3 of 3 PASSED AND APPROVED ON THIS 24TH DAY OF APRIL 2023. ATTEST: Sean Kilbride, Mayor Amy M. Piukana, Town Secretary APPROVED AS TO FORM: L.Stanton Lowry, Town Attorney MUNICIPAL INVESTMENT POLICY I. POLICY STATEMENT It is the policy of the Town of Westlake (the “Town") that the administration of its funds and the investment of those funds shall be handled as its highest public trust. Investments shall be made in a manner which will provide the maximum security of principal invested through limitations and diversification while meeting the daily cash flow needs of the Town and conforming to all applicable state and Town statutes governing the investment of public funds. The receipt of a market rate of return will be secondary to the requirements for safety and liquidity. It is the intent of the Town to be in complete compliance with local law and the Texas Public Funds Investment Act (the "Act", Texas Government Code 2256). The earnings from investments will be used in a manner that best serves the public trust and interests of the Town. II. SCOPE This Investment Policy applies to all the financial assets and funds held of the Town. Any new funds created by the Town will be managed under the provisions of this Policy unless specifically exempted by the Town Council and this Policy. III. OBJECTIVES AND STRATEGY It is the policy of the Town that all funds shall be managed and invested with four primary objectives, listed in order of their priority: safety, liquidity, diversification and yield. These objectives encompass the following. • Safety of Principal - Safety of principal is the foremost objective of the Town. Investments shall be undertaken in a manner that seeks to insure the preservation of capital in the overall portfolio. The suitability of each investment decision will be made on the basis of safety. • Liquidity - The Town's investment portfolio will remain sufficiently liquid to enable it to meet all operating requirements which might be reasonably anticipated. Investment decisions will be based on cash flow analysis of anticipated expenditures. • Diversification - Diversification is required in the portfolio's composition. Diversification of the portfolio will include diversification by maturity and market sector and will include the use of a number of broker/dealers or banks for diversification and market coverage. Competitive bidding will be used on each sale or purchase. • Yield - The Town's investment portfolio shall be designed with the objective of attaining a reasonable market yield, taking into account the Town's risk constraints and cash flow needs. A reasonable market yield for the portfolio will be defined as the six-month (180 day) U.S. Treasury Bill which compares to the portfolio's maximum weighted average maturity of six months. The authorized investment purchased will be of the highest credit quality and marketability supporting the objectives of safety and liquidity. Securities, when not matched to a specific liability, will be short term to provide adequate liquidity. The portfolio shall be diversified to protect against market and credit risk in any one sector. The maximum weighted average maturity of the portfolio will be no more than 180 days and the maximum stated maturity of any security will not exceed two years. The funds are combined for investment purposes but the unique needs of all the funds in the portfolio are recognized and represented. Effective cash management is recognized as essential to good fiscal management. Cash management is defined as the process of managing monies in order to ensure maximum cash availability. The Town shall maintain a cash management program which includes timely collection of accounts receivable, prudent investment, disbursement of payments within invoice terms and the management of banking services. IV. LEGAL LIMITATIONS, RESPONSIBILITIES AND AUTHORITY Specific investment parameters for the investment of public funds in Texas are stipulated in the Public Funds Investment Act, Chapter 2256, Texas Government Code, (the "Act"). The Act is attached as Exhibit A. The Public Funds Collateral Act, Chapter 2257, Texas Government Code, specifies collateral requirements for all public funds deposits. The Collateral Act is attached as Exhibit B. The Interlocal Cooperation Act, Chapter 791, Texas Government Code, authorizes local governments in Texas to participate in a Texas investment pool established thereunder. V. DELEGATION OF INVESTMENT AUTHORITY The Town Manager or their designee, acting on behalf of the Council, is designated as the Investment Officer of the Town and is responsible for all investment management decisions and activities. The Council is responsible for considering the quality and capability of staff, investment advisors, and consultants involved in investment management and procedures. All participants in the investment process shall seek to act responsibly as custodians of the public trust. The Investment Officer shall develop and maintain written administrative procedures for the operation of the investment program which are consistent with this Investment Policy. Procedures will include safekeeping, wire transfers, banking services contracts, and other investment related activities. The Investment Officer shall be responsible for all transactions undertaken and shall establish a system of controls to regulate the activities of subordinate officials and staff. The Investment Officer shall designate a staff person as a liaison/deputy in the event circumstances require timely action and the Investment Officer is not available. No officer or designee may engage in an investment transaction except as provided under the terms of this Policy and the procedures established by the Investment Officer and approved by the Town Manager. VI. PRUDENCE The standard of prudence to be used in the investment function shall be the "prudent person" standard and shall be applied in the context of managing the overall portfolio. This standard states: "Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the expected income to be derived." Limitation of Personal Liability - The Investment Officer and those delegated investment authority, when acting in accordance with the written procedures and this Policy and in accord with the Prudent Person Rule, shall be relieved of personal liability in the management of the portfolio provided that deviations from expectations for a specific security's credit risk or market price change are reported in a timely manner and that appropriate action is taken to control adverse market effects. VII. INTERNAL CONTROLS The Investment Officer shall establish a system of written internal controls which will be reviewed annually with the independent auditor of the Town. The controls shall be designed to prevent loss of public funds due to fraud, employee error, and misrepresentation by third parties, or imprudent actions by employees of the Town. VIII. AUTHORIZED INVESTMENTS Acceptable investments under this policy shall be limited to the instruments listed below. The choice of high-grade government investments and high-grade, money market instruments are designed to assure the marketability of those investments should liquidity needs arise. • Obligations of the United States Government, its agencies and instrumentalities, not to exceed two (2) years to stated maturity and excluding mortgage backed securities; • Fully insured or collateralized certificates of deposit from a bank doing business in the State of Texas and under the terms of a written depository agreement with that bank, not to exceed one year to stated maturity; • No-load, SEC registered money market mutual funds. No more than 80% of the entity's monthly average balance may be invested in money market funds • Public Funds interest bearing accounts; and • Constant dollar, AAA-rated Texas Local Government Investment Pools as defined by the Public Funds Investment Act. If additional types of securities are approved for investment by public funds by state statute, they will not be eligible for investment until this Policy has been amended and the amended version adopted by the Council. Delivery versus Payment - All investment security transactions shall be conducted on a delivery versus payment (DVP) basis to assure that the Town has control of its assets and/or funds at all times. IX. AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS Securities broker/dealers may be primary or regional broker/dealers and will meet other criteria as determined by the Investment Officer including state registration and completion of a Town Broker/Dealer questionnaire (attached as Exhibit D). The following criteria must be met by authorized firms. • annual provision of an audited financial statement, • proof of certification by the National Association of Securities Dealers (NASD) • proof of current registration with the Texas State Securities Commission, and • completion of the Town's broker/dealer questionnaire. Every bank and broker/dealer with whom the Town transacts business will be provided a copy of this Investment Policy to assure that they are familiar with the goals and objectives of the investment program. The firm will be required to return a signed copy of the Certification Form (attached as Exhibit C) certifying that the Policy has been received and reviewed and only those securities approved by the Policy will be sold to the Town. X. DIVERSIFICATION AND MATURITY LIMITATIONS It is the policy of the Town to diversify its investment portfolio. Invested funds shall be diversified to minimize risk or loss resulting from over-concentration of assets in a specific maturity, specific issuer, or specific class of securities. Diversification strategies shall be established and periodically reviewed. XI. SAFEKEEPING AND COLLATERALIZATION The laws of the State and prudent treasury management require that all purchased securities be bought on a delivery versus payment (DVP) basis and be held in safekeeping by either an approved, independent third party financial institution or the Town's designated depository. Securities Owned by the Town - All safekeeping arrangements shall be approved by the Investment Officer and an agreement of the terms executed in writing. The safekeeping bank may not be within the same holding company as the bank from which the securities are purchased. The custodian shall be required to issue original safekeeping receipts to the Town listing each specific security, rate, description, maturity, CUSIP number, and other pertinent information. Collateral - Collateralization shall be required on all bank time and demand deposits for principal and accrued interest amounts over the FDIC insurance coverage of $100,000 (by tax identification number). In order to anticipate market changes and provide a level of additional security for all funds, collateral with a market value equal to 102% of the total deposits are required. The pledging bank will be made contractually liable for monitoring and maintaining the collateral levels at all times. All collateral will be held by an independent third-party bank outside the holding company of the bank, pledged to the Town. Authorized collateral will include only: • Obligations of the US Government, its agencies and instrumentalities to include mortgage backed securities which pass the bank test, • Municipal obligations rated at least A by two nationally recognized rating agencies. • The custodian shall be required to provide original safekeeping receipts clearly marked that the security is pledged to the Town. XII. REPORTING The Investment Officer shall submit quarterly reports to the Council containing sufficient information to permit an informed outside reader to evaluate the performance of the investment program and in full compliance with the Act. At a minimum the report shall contain: • Beginning and ending market value of the portfolio by market sector and total portfolio • Beginning and ending book value of the portfolio by market sector and total portfolio • Change in market value during the period • Detail on each asset (book, market, description, par ad maturity date) • Earnings for the period • Overall weighted average maturity of the portfolio The report will be prepared jointly by all involved in the investment activity and be signed by the Investment Officer. It will contain all elements as required by the Act and be signed by the Investment Officers as in compliance with the Act and this Policy. Market prices for assignment of market values will be obtained from an independent source. The three month Treasury Bill average yield for the reporting period will be reported as a gauge of performance and risk. XIII. DEPOSITORIES The Town will designate one banking institution through a competitive process as its central banking services provider at least every five years. This institution will be used for normal banking services including disbursements, deposits, and safekeeping of Town owned securities. Other banking institutions from which the Town may purchase only certificates of deposit will also be designated as a depository. All banking arrangements will be in written form in accordance with FIRREA which requires a resolution of approval of the agreement by the Bank Council or Bank Loan Committee. XIV. INVESTMENT POLICY ADOPTION BY COUNCIL The Town's Investment Policy and its incorporated strategies shall be adopted by ordinance annually by the Council. Texas CLASS 2023 Highlights  Texas CLASS, established in April 1996, is a local government investment pool (“LGIP”) that emphasizes safety, liquidity, convenience, and a competitive yield. It provides daily liquidity, and our participants have access to their funds 24/7 online. We have a Prime Fund (established in 1996) and a Government Fund (established in 2016). Both are rated AAAm by Standard & Poor’s.  We have grown Texas CLASS from a fund balance of $2 Billion as of October 2013 (when Public Trust Advisors, Administrator/Investment Manager to Texas CLASS, took over managing Texas CLASS) to a high balance of over $24 Billion as of March 2022.  Over 950 Texas public entities have joined Texas CLASS.  There is no minimum deposit, or no minimum balance required.  Cut off times are 4:00 p.m. CST.* This is an hour to a few hours later than some other Texas LGIP’s. On a few holidays, the day before that holiday, Texas CLASS’ cut off is 2:00 p.m. CST versus other Texas LGIP’s that close at 12:00 p.m.  Transactions can be made by wire or by ACH. Transactions can be scheduled out up to a year in advance. Other Texas LGIP’s only allow you to schedule out 90 days in advance.  Monthly statements can be accessed online in the Participant Portal before the end of the 1st business day of every month. Some of the other Texas LGIP’s may not provide monthly statements until the 3rd, 4th or 5th business day of the month.  The Texas CLASS program is the only Texas Local Government Investment Pool (LGIP) that compounds and pays interest DAILY – interest is reinvested daily. Other Texas LGIP’s compound interest daily but do not pay/reinvest interest until month end. This provides Texas CLASS participants with additional earnings.  When the need arises to add or remove a Participant contact, with Texas CLASS you do not have to go back to your Board/Council for a resolution to add or remove anyone. Other Texas LGIP’s may require you go back to the Board/Council. All the Participant needs to do is complete one of our Signatory Amendment Forms and make sure it is signed. Then just email it to Client Services and they will update the Participant’s account information immediately. Client Services will email the Participant when this has been updated/taken care of.  When the time comes and a Participant needs or wants to add another account, all they have to do is log in to the Participant Portal, access their account and click on the “Open a New Subaccount” green button at the top right hand corner of the Dashboard. It is that easy.  Our Client Services Team is available from 8:30 a.m. until 4:30 p.m. (CST). Client Services is always happy to help with any questions and can be reached at 800.707.6242.  We have provided very competitive rates for our Participants (historical data is available). We are happy to provide our Interest Earnings Comparative Analysis for each fund upon request.**  We provide free annual PFIA training at no cost to our Participants. We strive to provide two trainings in Texas each year that each provide the 8 credits of required PFIA/CPE hours, along with credits for other organizations. We have one annually in the DFW area and then a second one that rotates between other cities across the state or is done virtually. We have now hosted three virtual/webinar trainings and will provide additional virtual training in the future. We will be hosting our next in-person PFIA training in April 2023 in Las Colinas.  We provide an easy-to-use website/Participant Portal for all transactions. Participants can export all account information into Excel or PDF for reporting purposes.  Participants have direct access to ever member of the Texas CLASS Team, our Portfolio Managers, Credit Team, Management Team, Operations, and Client Services. A call can be set up with any of these team members in addition to being able to email or call them directly.  As of December 31, 2022, Public Trust Advisors, managed over $64.9 billion in public funds, including 70 Separately Managed Accounts (like the City of Fort Worth and the City of Mesquite) and the following LGIP’s: o Texas CLASS – Investment/Administrative (2 LGIP’s) o COLOTRUST – Investment/Administrative (3 LGIP’s) o TrustINdiana – Investment/Administrative (1 LGIP) o New York CLASS – Investment/Administrative (2 LGIP’s) o Michigan CLASS – Investment/Administrative (2 LGIP’s) o VACo/VML Virginia Investment Pool – Investment/Administrative (2 LGIP’s) o FLCLASS (founded by PTA July 2015) – Investment/Administrative (2 LGIP’s) o Wyoming CLASS (founded by PTA June 2020) – Investment/Administrative (1 LGIP) o California CLASS (founded by PTA December 2022) – Investment/Administrative (1 LGIP) o Nebraska CLASS (founded by PTA February 2023) – Investment/Administrative (1 LGIP) o LAMP Louisiana Investment Pool – Administrative only  We are so fortunate to be members of TASBO, GTOT, GFOAT, GFOA, CTATX, TXWPF, and more and we exhibit at several other organizations conferences like SAFE-D and AWBD. We believe it is so important to sponsor and participate in these organizations, events, and meetings. It is also very important for the Texas CLASS team to build relationships with our participants that are long lasting. We make it a point to visit with our participants annually or more often in person. Team members also provides their cell phone numbers so that they can be reached at any time. Transparency and communication are key to adding to that relationship. *Wire transactions made via the Participant Portal or fax must be completed by 4:00 p.m. CST for same day credit. ACH (Automated Clearing House) transactions made via the Participant Portal must be completed by 4:00 p.m. CST. ACHs are processed overnight and are generally available to the beneficiary bank one business day after the transaction request has been made. ** Performance results for Texas CLASS and Texas CLASS Government are shown net of all fees and expenses and reflect the reinvestment of dividends and other earnings. Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. Investment involves risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. A 'AAAm' rating by S&P Global Ratings is obtained after S&P evaluates a number of factors including credit quality, market price exposure, and management. Ratings are subject to change and do not remove credit risk. Data unaudited. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Count ies Angel ina Count y Aransas Count y Bast r op Count y Bell Count y Br azor ia Count y Br azos Count y Br ewst er Count y Bur leson Count y Bur net Count y Caldwell Count y Car son Count y Cass Count y Chamber s Count y Coke Count y Collin Count y Color ado Count y Count y of Andr ews Count y of Kar nes Count y of Live Oak Count y of Medi na Count y of Tyler Count y of Zavala Crane Count y Dent on Count y Dent on Count y Cl er k Dent on Count y Dist r ict Cler k Dimmi t Count y East land Count y Ect or Count y El Paso Count y Ellis Count y For t Bend Count y For t Bend Count y Dist r ict Cler k For t Bend Count y Tax Assessor -Collect or For t Bend Count y, Of f ice of Count y Cler k Franklin Count y Fr eest one Count y Gaines Count y Galvest on Count y Galvest on Count y-Count y Cl er k Gillespie Count y Glasscock Count y Guadal upe Count y Har r is Count y Har r ison Count y Hays Count y Hidalgo Count y Hill Count y Hood Count y Hopkins Count y Howar d Count y Hunt Count y J ackson Count y J asper Count y J ef f er son Count y J ohnson Count y Kauf man Count y Kenedy Count y Commissioner s' Cour t Ker r Count y Kleber g Count y Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Munici pal i t i es Cit y of All en Cit y of Alpine Cit y of Alvin, Texas Cit y of Andr ews Cit y of Anna Cit y of Aransas Pass Cit y of Ar li ngt on Ci t y of Aust in Ci t y of Balch Spr ings Ci t y of Bast r op Ci t y of Bay Cit y Ci t y of Beaumont Ci t y of Bedf or d Ci t y of Bel lmead Lee Count y Limest one Count y Lubbock Count y Mat agor da Count y McLennan Count y Midl and Count y Mont gomer y Count y Navar r o Count y Nueces Count y Orange Count y Par ker Count y Pol k Count y Pot t er Count y Randall Count y Rockwal l Count y San J acint o Count y San Pat r i cio Count y San Pat r i cio Count y Tax Assessor -Coll ect or Schl ei cher Count y Scur r y Count y Count ies (cont .) Sher man Count y Smi t h Count y Tar r ant Count y Tayl or Count y Tayl or Count y Cler k Tom Gr een Count y Tom Gr een Count y Cler k Tr avi s Count y Tr ini t y Count y Tyler Count y Cler k Val Ver de Count y Van Zandt Count y Walker Count y Waller Count y Washingt on Count y Webb Count y Whar t on Count y Wheeler Count y Willacy Count y Williamson Count y Wilson Count y Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Muni ci pal it i es (cont .) Cit y of Bellville Cit y of Belt on Cit y of Blanco Cit y of Boer ne Cit y of Br i dgepor t Cit y of Br ownsvi lle Cit y of Br yan Cit y of Buda Cit y of Bulver de Cit y of Bunker Hi ll Village Cit y of Bur leson Cit y of Bur net Cit y of Cant on Cit y of Car r oll t on Cit y of Cast le Hills Cit y of Cedar Hill Cit y of Cedar Par k Cit y of Ci bolo Cit y of Cl ebur ne Cit y of Col leyville Cit y of Col umbus Cit y of Commer ce Cit y of Conr oe Cit y of Conver se Cit y of Conver se Econ. Dev. Cor p. Cit y of Coppel l Cit y of Cor pus Chr i st i Cit y of Cot t onwood Shor es Cit y of Dallas Ci t y of Deer Par k Ci t y of Denver Cit y Ci t y of DeSot o Ci t y of Dickinson Ci t y of El Campo Ci t y of El Paso Ci t y of Euless Ci t y of Fair Oaks Ranch Ci t y of Fat e Ci t y of Fer r is Ci t y of Flor esville Ci t y of For t Wor t h Ci t y of Fr eepor t Ci t y of Fr iendswood Ci t y of Fulshear Ci t y of Gar land Ci t y of Goliad Ci t y of Gr anbur y Ci t y of Gr and Pr air ie Ci t y of Gr eenvil le Ci t y of Gr egor y Ci t y of Hal t om Cit y Ci t y of Har ker Height s Ci t y of Highland Village Ci t y of Hil l Count r y Village Ci t y of Hor sehoe Bay Ci t y of Hunt er s Cr eek Vil lage Ci t y of Hunt svi lle Ci t y of Hur st Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Munici pal i t i es (cont .) Cit y of Hut chins Cit y of Hut t o Cit y of Ivanhoe Cit y of Kat y Cit y of Ker r ville Cit y of Ki ngsbur y Cit y of Ki ngsvil le Cit y of Kr uger vi ll e Cit y of La Fer ia Cit y of La Mar que Cit y of La Por t e Cit y of Lake Dallas Cit y of Lancast er Cit y of Lar edo Cit y of League Cit y Cit y of Leander Cit y of Levelland Cit y of Liber t y Hi ll Cit y of Livingst on Cit y of Lockhar t Cit y of Longvi ew Cit y of Lubbock Cit y of Madisonville Cit y of Mansf ield Cit y of Mar ble Fal ls Cit y of McKinney Cit y of Mer cedes Cit y of Mesquit e Cit y of Mi dland Ci t y of Missour i Ci t y Ci t y of Mont gomer y Ci t y of Navasot a Ci t y of New Br aunf els Ci t y of New Fai r vi ew Ci t y of Ol ney Ci t y of Pasadena Ci t y of Pear land Ci t y of Pf luger ville Ci t y of Piney Point Village Ci t y of Plano Ci t y of Por t Ar ansas Ci t y of Por t Ar t hur Ci t y of Por t land Ci t y of Richmond Ci t y of Roanoke Ci t y of Rosenber g Ci t y of San Mar cos Ci t y of Scher t z Ci t y of Seguin Ci t y of Shavano Par k Ci t y of Sher man Ci t y of Sout hlake Ci t y of Spr ing Valley Village Ci t y of Sugar Land Ci t y of Sunr ise Beach Vi ll age Ci t y of Taylor Ci t y of Taylor Lake Village Ci t y of Templ e Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Alamo Height s ISD Ali ce ISD All en ISD Alpine ISD Alvin ISD Amar illo Independent School Di st r i ct Anahuac ISD Anglet on Independent School Aransas Count y ISD Ar li ngt on ISD At hens ISD At l ant a ISD Aust in Independent School Di st r i ct Azle ISD Balmor hea Independent School Di st r i ct Beckville ISD Beevi ll e ISD Belt on Independent School Di st r ict Bir dville ISD Boer ne Independent School Di st r i ct Br enham ISD Br ownsvi lle ISD Br yan ISD Bur kbur net t ISD Cal dwel l ISD Cal houn Count y ISD Canut illo ISD Car r oll ISD Car r oll t on Far mer s Br anch Independent School Dist r ict Cedar Hill Independent School Dist r ict Celina ISD Channel view ISD Chapel Hill ISD CHINA SPRING ISD Cl ear Cr eek ISD Cl eveland ISD Col lege St at i on Independent School Dist r ict Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Cit y of Todd Mission Cit y of Tomball Cit y of Tr oup Cit y of Vict or ia Cit y of Vidor Cit y of Weat her f or d Cit y of Webst er Cit y of West Univer sit y Place Cit y of Whar t on Ci t y of Whit e Oak Ci t y of Whit ehouse Ci t y of Woodcr eek The Cit y of Tolar The Town of Holl y wood Par k Town of Addison Town of Flower Mound Town of Tr ophy Club Vill age of Bee Cave School Dist r i ct s Munici pal i t i es (cont .) Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st School Dist r i ct s (cont .) Eden CISD Edgewood ISD Edinbur g C.I.S.D. El Paso ISD Ennis I.S.D. Ever man ISD Far mer sville ISD For ney I.S.D. For t Bend Independent School Di st r i ct For t Hancock ISD For t Sam Houst on ISD For t Wor t h I.S.D. Frankst on ISD Fr eder i cksbur g ISD Fr enship ISD Fr iendswood ISD Galena Par k ISD Galvest on Independent School Di st r i ct Gar land ISD Geor ge West ISD Geor get own ISD Glasscock Count y ISD Goliad ISD Goose Cr eek Consolidat ed ISD Gr and Prair ie ISD Gr eenvil le I.S.D. Gr oesbeck ISD Gunt er ISD Har di n ISD Columbia - Br azor ia ISD Columbus ISD Comal Independent School Dist r ict Communit y ISD Connally ISD Conr oe ISD Coppell ISD Cor pus Chr i st i ISD Cor si cana Independent School Dist r ict Crane ISD Cr osby Independent School Dist r ict Cr osbyt on CISD Cr owley I.S.D. Cypr ess-Fair banks ISD Dallas Count y Schools Dallas ISD Deer Par k ISD Del Valle ISD Dent on ISD DeSot o ISD Dever s ISD Dicki nson ISD Dr ipping Spr ings ISD Duncanville ISD Eagl e Mount ain-Saginaw ISD Eanes ISD East Cent r al ISD Ect or Count y Independent School Dist r ict Edcouch-Elsa ISD Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st School Dist r i ct s (cont .) Har landale ISD Har lingen CISD Hays CISD Hemphil l ISD Hit chcock ISD Hudson I.S.D. Hunt svill e I.S.D. Hur st Euless Bedf or d ISD Hut t o ISD Indust r ial ISD Ir aan-Shef f ield Independent School Dist r ict Ir ving ISD J acksonvil le ISD Kat y ISD Kauf man ISD Keller Independent School Dist r ict Kelt on ISD Kemp ISD Kenedy ISD Kilgor e ISD Killeen ISD Klein ISD La Por t e ISD La Vega ISD La Ver nia ISD Lake Dallas ISD Lake Travis ISD Lake Wor t h I.S.D. Lamar CISD Lancast er ISD Leander ISD Lever et t s Chapel I.S.D. Liber t y ISD Lit t le Cypr ess-Maur icevill e CISD Lit t le Elm ISD Lockhar t ISD London ISD Longview Independent School Dist r ict Lor enzo ISD Lovejoy I.S.D. Mabank ISD Madisonvi lle CISD Magnolia ISD Manor ISD Mansf ield ISD Mar ble Fal ls Independent School Dist r ict Mar shall ISD McKinney ISD Mer cedes ISD Meyer svil le ISD Midland ISD Millsap ISD Mission CISD Mont gomer y I.S.D. Mt . Pleasant I.S.D. Nacogdoches ISD New Braunf els ISD Nor t h East ISD Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Nor t hside ISD Over t on ISD Palest ine ISD Palmer ISD Par is ISD Pasadena ISD Pear l and Independent School Dist r ict Pear sal l ISD Pet t us ISD Pf l uger vil le ISD Phar r -San J uan-Al amo ISD Pine Tr ee ISD Plai nview I.S.D. Plano Independent School Di st r ict Pr osper I.S.D. Queen Ci t y ISD Randolph Field ISD Ray mondvi ll e ISD Red Oak ISD Redwat er ISD Ref ugio ISD Region 18 Educat ion Ser vice Cent er Region 19 ESC Region One ESC Region VI ESC Rice CISD Rio Grande Ci t y CISD River Road ISD Rockwal l ISD Roger s ISD Roma ISD Roosevel t ISD Round Rock Independent School Dist Royal Independent School Dist r ict Royse Cit y ISD S & S CISD Sabi ne ISD Salado ISD San Angelo ISD San Ant onio Independent School Dist r ict San Beni t o CISD San Eli zar i o ISD San Felipe - Del Rio CISD Sanger ISD Sant a Fe ISD Scher t z Ci bolo Univer sal Cit y ISD Scur r y - Rosser ISD Seal y I.S.D. Seguin ISD Shar yland ISD Sher man ISD Sint on ISD Slat on ISD Sout h San Ant onio ISD Sout hsi de Independent School Dist r ict Splendor a ISD Spr ing Independent School Dist r ict St af f or d MSD School Dist r i ct s (cont .) Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 St amf or d ISD St ant on ISD Sweeny Independent School Di st r i ct Taf t ISD Tat um ISD Tay lor ISD Temple ISD Ter r ell ISD Texar kana ISD Texas School f or t he Blind ISD Texas School f or t he Deaf Thor ndal e ISD Tombal l Independent School Dist r ict Tr oup ISD Tul oso - Mi dway ISD Unit ed ISD Venus ISD Vict or ia ISD Vidor I.S.D. Waco ISD Wall ISD Waller ISD Waxahachie ISD Weat her f or d ISD Weimar ISD Weslaco ISD West ISD Whit e Oak ISD Whit esbor o I.S.D. Willis Independent School Dist r ict Wyl ie ISD Yor kt own ISD Ysl et a ISD Zapat a Count y ISD School Dist r i ct s (cont .) Speci al Di st r i ct s Audubon MD Aust in Tr ansit Par t ner shi p Baker Road M.U.D. Bammel Ut il it y Dist r ict Bar ker Cypr ess M.U.D. Bast r op-Travis Count i es ESD No. 1 Bauer Landing Wat er Cont r ol Impr ovement Dist r ict Bay Col ony M.U.D. Baybr ook MUD No. 1 Beechnut M.U.D. Bel l Count y Wat er Cont r ol and Impr ovement Dist r ict #6 Bel l Count y WCID 1 Bissonnet M.U.D. Blue Ridge West M.U.D. BNY Mel lon on behal f of Nor t h Texas Muni cipal Wat er Dist r ict Brays Oaks Management Dist r ict Brazor ia Count y Dr ainage Dist r ict No. 5 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Brazor i a Count y Emer gency Ser vices Dist r ict No. 6 Brazor i a Count y ESD No. 5 Brazor i a Count y FWSD No. 2 Brazor i a Count y M.U.D. #2 Brazor i a Count y M.U.D. #3 Brazor i a Count y M.U.D. #6 Brazor i a Count y MUD #4 3 Brazor i a Count y MUD 19 Brazor i a Count y MUD No. 29 Brazor i a Count y MUD No. 39 Brazor i a Count y MUD No. 4 0 Brazor i a Count y MUD No. 73 Brazor i a Count y Municipal Ut ilit y Dist r ict No. 32 Brazor i a Count y Municipal Ut ilit y Dist r ict No. 6 1 Brazos Count y MUD No 2 Br idgeland Management Dist r ict Br ookshir e Municipal Wat er Dist r ict Caldwell Count y Appraisal Dist r ict Camf i el d MUD Cast lewood M.U.D. Chamber s Count y ID No. 2 Chamber s Count y MUD No 3 Chelf or d One M.U.D. Cimar r on MUD Cinco M.U.D. #9 Cinco Mud No. 12 Clay Road MUD CNP UD Conr oe MMD No. 1 Conr oe MUD No. 1 Cor i nt hi an Point MUD No. 2 CPS Ener gy Cr yst al Clear Special Ut ilit y Dist r ict Cypr ess For est P.U.D. Dallas Count y Ut ili t y & Reclamat ion Di st r i ct Delt a Lake Ir r igat ion Di st r i ct DeWit t Count y Dr ainage Dist r ict No. 1 East Mont gomer y Count y ID East Mont gomer y Count y MUD No. 3 East Mont gomer y Munici pal Ut ilit y Dist r ict No. 4 El Paso Count y 9 11 Dist r ict Elm Ridge Wat er Cont r ol and Impr ovement Dist r ict of Dent on Count y Encant o Real U.D. Fair Oaks Ranch Municipal Development Dist r ict Fir st Col ony Levee Impr ovement Dist r ict Fir st Col ony M.U.D. No. 9 Flami ngo Isles MUD FM 19 6 0 Gr een Medians For t Bend Count y Emer gency Ser vi ces Dist r ict No. 1 For t Bend Count y Emer gency Ser vi ces Dist r ict No. 3 For t Bend Count y Emer gency Ser vi ces Dist r ict No. 6 For t Bend Count y ESD No. 4 For t Bend Count y ESD No. 7 For t Bend Count y ESD No. 8 Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Speci al Di st r i ct s (cont .) Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st For t Bend Count y Fr esh Wat er Supply Di st r i ct No. 2 For t Bend Count y LID No. 10 For t Bend Count y LID No. 19 For t Bend Count y M.U.D. #25 For t Bend Count y M.U.D. #34 For t Bend Count y M.U.D. #35 For t Bend Count y M.U.D. #4 1 For t Bend Count y M.U.D. #94 For t Bend Count y M.U.D. No. 14 4 For t Bend Count y Management Dist r ict No. 1 For t Bend Count y MUD #115 For t Bend Count y MUD #14 9 For t Bend Count y MUD 155 For t Bend Count y MUD No. 116 For t Bend Count y MUD No. 14 5 For t Bend Count y MUD No. 16 5 For t Bend Count y MUD NO. 18 9 For t Bend Count y MUD No. 194 For t Bend Count y MUD NO. 20 6 For t Bend Count y MUD No. 220 For t Bend Count y MUD No. 229 For t Bend Count y MUD No. 30 For t Bend Count y Municpal Ut i li t y Dist r ict #128 For t Bend Emer gency Ser vi ce Di st r i ct No. 2 For t Bend FWSD 1 For t Bend LID No. 14 For t Bend LID No. 15 For t Bend M.U.D. #6 6 For t Bend M.U.D. No. 14 2 For t Bend MUD No. 176 For t Bend MUD No. 216 For t Bend Waller Count i es MUD No. 3 Galvest on Count y Emer gency Ser vices Dist r ict No. 1 Galvest on Count y M.U.D. #14 Galvest on Count y MUD #6 6 Galvest on Count y MUD 5 4 Galvest on Count y MUD NO 4 3 Gener at ion Par k MD Gonzal es Count y Emer gency Ser vi ces Dist r ict No 1 Gr and Lakes M.U.D. #1 Gr and Lakes M.U.D. #2 Gr and Lakes M.U.D. #4 Gr and Lakes WC & ID Gr een Trails M.U.D. Gr eenwood UD Gul f Coast Pr ot ect ion Dist r ict Gul f Coast Rail Dist r ict Har r i s Co. MUD 4 4 9 Har r i s Count y E.S.D. No. 4 8 Har r i s Count y Emer gency Ser vice Di st r ict #24 Har r i s Count y Emer gency Ser vices Di st r i ct #1 Har r i s Count y Emer gency Ser vices Di st r i ct #15 Har r i s Count y Emer gency Ser vices Di st r i ct #28 Har r i s Count y Emer gency Ser vices Di st r i ct No 9 Har r i s Count y Emer gency Ser vices Di st r i ct No. 21 Special Di st r ict s (cont .) Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Har r is Count y Emer gency Ser vices Dist r ict No. 4 6 Har r is Count y Emer gency Ser vices Dist r ict No. 5 Har r is Count y Emer gency Ser vices Dist r ict No. 7 Har r is Count y ESD #25 Har r is Count y ESD No. 17 Har r is Count y ESD No. 3 Har r is Count y ESD NO. 4 Har r is Count y ESD No. 4 7 Har r is Count y ID No. 14 Har r is Count y ID No. 18 Har r is Count y M.U.D. #118 Har r is Count y M.U.D. #149 Har r is Count y M.U.D. #15 0 Har r is Count y M.U.D. #15 1 Har r is Count y M.U.D. #153 Har r is Count y M.U.D. #16 6 Har r is Count y M.U.D. #18 0 Har r is Count y M.U.D. #18 3 Har r is Count y M.U.D. #20 0 Har r is Count y M.U.D. #20 5 Har r is Count y M.U.D. #238 Har r is Count y M.U.D. #239 Har r is Count y M.U.D. #24 9 Har r is Count y M.U.D. #257 Har r is Count y M.U.D. #26 4 Har r is Count y M.U.D. #276 Har r is Count y M.U.D. #278 Har r is Count y M.U.D. #28 0 Har r is Count y M.U.D. #28 1 Har r is Count y M.U.D. #28 6 Har r is Count y M.U.D. #29 0 Har r is Count y M.U.D. #316 Har r is Count y M.U.D. #34 1 Har r is Count y M.U.D. #34 2 Har r is Count y M.U.D. #34 4 Har r is Count y M.U.D. #34 5 Har r is Count y M.U.D. #36 Har r is Count y M.U.D. #370 Har r is Count y M.U.D. #373 Har r is Count y M.U.D. #38 3 Har r is Count y M.U.D. #38 9 Har r is Count y M.U.D. #4 39 Har r is Count y M.U.D. #4 6 Har r is Count y M.U.D. #49 Har r is Count y M.U.D. #70 Har r is Count y M.U.D. #9 6 Har r is Count y M.U.D. No. 215 Har r is Count y M.U.D. No. 372 Har r is Count y MUD #53 Har r is Count y MUD #532 Har r is Count y MUD 217 Har r is Count y MUD 371 Har r is Count y MUD 39 1 Har r is Count y MUD No 575 Har r is Count y MUD No. 1 Har r is Count y MUD No. 10 9 Har r is Count y MUD No. 122 Speci al Di st r i ct s (cont .) Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Speci al Di st r i ct s (cont .) Har r is Count y MUD No. 14 8 Har r is Count y MUD No. 15 5 Har r is Count y MUD No. 167 Har r is Count y MUD No. 172 Har r is Count y MUD No. 25 0 Har r is Count y MUD No. 28 2 Har r is Count y MUD No. 319 Har r is Count y MUD NO. 355 Har r is Count y MUD No. 359 Har r is Count y MUD NO. 36 0 Har r is Count y MUD No. 36 1 Har r is Count y MUD No. 36 6 Har r is Count y MUD No. 367 Har r is Count y MUD No. 36 8 Har r is Count y MUD No. 38 2 Har r is Count y MUD No. 38 7 Har r is Count y MUD No. 39 0 Har r is Count y MUD No. 39 9 Har r is Count y MUD No. 4 0 0 Har r is Count y MUD No. 4 11 Har r is Count y MUD No. 4 18 Har r is Count y MUD No. 4 19 Har r is Count y MUD No. 4 22 Har r is Count y MUD NO. 4 33 Har r is Count y MUD No. 4 34 Har r is Count y MUD No. 4 6 8 Har r is Count y MUD No. 4 8 Har r is Count y MUD No. 4 8 9 Har r is Count y MUD No. 4 9 0 Har r is Count y MUD No. 4 94 Har r is Count y MUD No. 4 9 9 Har r is Count y MUD No. 5 Har r is Count y MUD No. 5 29 Har r is Count y MUD No. 5 36 Har r is Count y MUD No. 5 4 2 Har r is Count y MUD No. 5 52 Har r is Count y MUD No. 8 2 Har r is Count y Municipal Ut ilit y Di st r i ct #36 5 Har r is Count y Municipal Ut ilit y Di st r i ct 8 1 Har r is Count y Municipal Ut ilit y Di st r i ct No 255 Har r is Count y Municipal Ut ilit y Di st r i ct No 5 0 Har r is Count y Municipal Ut ilit y Di st r i ct No. 15 6 Har r is Count y Municipal Ut ilit y Di st r i ct No. 222 Har r is Count y U.D. #16 Har r is Count y U.D. #15 Har r is Count y Ut i li t y Dist r ict #14 Har r is Count y Ut i li t y Dist r ict #6 Har r is Count y W.C.I.D. Fondr en Road Har r is Count y WC & ID #8 9 Har r is Count y WCID #132 Har r is Count y WCID #119 Har r is Count y WCID 8 4 Har r is Count y WCID No, 157 Har r is Count y WCID No. 116 Har r is Count y WCID No. 158 Har r is Count y WCID No. 159 Har r is Count y WCID No. 16 4 Har r is Count y WCID NO. 74 Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Har r is For t Bend ESD 10 0 Har r is Mont gomer y Count ies MUD No. 38 6 Har r is-For t Bend M.U.D. #3 Har r is-For t Bend M.U.D. #5 Har r is-Wal ler Count ies MUD NO. 2 Heat her loch MUD Hi dalgo Count y Dr ainage Dist r ict Number One Hobby Ar ea Management Dist r ict Hood Count y Development Dist r ict No 1 Hunt er s Gl en MUD Int er cont inent al Cr ossing MUD Int er cont inent al MUD Int er nat ional MD J ackrabbit Road P.U.D. Kar nes Count y Emer gency Ser vices Di st r ict #1 Kings Manor MUD Kingsbr idge MUD Lamar Impr ovement Dist r ict Langham Cr eek U.D. Longhor n Town U.D. Lower Kir by Pear land MD Lower Valley Wat er Dist r ict McKinney Muni ci pal Ut i lit y Di st r i ct No. 1 McKinney Muni ci pal Ut i lit y Di st r i ct No. 2 McKinney Regional Dist r ict Midl ot hi an MMD No. 3 Mission Bend Gr eenbelt Associat ion Mission Bend M.U.D. #2 Mission Bend MUD No. 1 Speci al Di st r i ct s (cont .) Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Mont gomer y Count y Emer gency Communi cat ion Di st r i ct Mont gomer y Count y ESD No. 10 Mont gomer y Count y ESD No. 14 Mont gomer y Count y ESD No. 2 Mont gomer y Count y ESD No. 7 Mont gomer y Count y ESD No. 8 Mont gomer y Count y M.U.D. #18 Mont gomer y Count y M.U.D. #36 Mont gomer y Count y M.U.D. #4 6 Mont gomer y Count y M.U.D. #4 7 Mont gomer y Count y M.U.D. #6 Mont gomer y Count y M.U.D. #6 0 Mont gomer y Count y M.U.D. #67 Mont gomer y Count y M.U.D. #7 Mont gomer y Count y MUD 132 Mont gomer y Count y MUD 178 Mont gomer y Count y MUD No 149 Mont gomer y Count y MUD No 152A Mont gomer y Count y MUD No. 10 5 Mont gomer y Count y MUD No. 10 8 Mont gomer y Count y MUD NO. 111 Mont gomer y Count y MUD No. 119 Mont gomer y Count y MUD No. 126 Mont gomer y Count y MUD No. 128 A Mont gomer y Count y MUD No. 131 Mont gomer y Count y MUD No. 139 Mont gomer y Count y MUD No. 14 2 Mont gomer y Count y MUD No. 16 Mont gomer y Count y MUD NO. 39 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Mont gomer y Count y MUD No. 8 Mont gomer y Count y MUD No. 8 3 Mont gomer y Count y MUD No. 8 4 Mont gomer y Count y MUD No. 9 Mont gomer y Count y MUD No. 94 Mont gomer y Count y MUD No. 9 5 Mont gomer y Count y MUD No. 9 6 Mont gomer y Count y MUD No. 9 8 Mont gomer y Count y Muni ci pal Ut i lit y Dist r ict No. 138 Mont gomer y Count y UD No. 2 Mont gomer y Count y UD No. 4 Mont r ose Management Di st r i ct Mount Houst on Road MUD Near Nor t hwest Management Dist r ict Newpor t Municipal Ut ilit y Aut hor it y Nor t h Texas Municipal Wat er Dist r ict Nor t hpoi nt e W.C.I.D. Nor t hwest Fr wy M.U.D. Nor t hwest Har r is Count y M.U.D. #16 Nor t hwest Har r is Count y M.U.D. #21 Nor t hwest Har r is Count y MUD 15 Nor t hwest Har r is Count y MUD 5 Nor t hwest Har r is Count y MUD No. 10 Nor t hwest Par k Municipal Ut ilit y Dist r ict Nor t hwood Municipal Ut ili t y Dist r ict #1 Not t ingham Count r y MUD Nueces Count y Drainage Di st . No. 2 Nueces Count y Emer gency Ser vices Dist r ict #3 Speci al Di st r i ct s (cont .) Nueces Count y ESD No. 1 Nueces Count y ESD No. 4 Nueces Wat er Supply Cor porat ion Or ange Count y Emer gency Ser vices Dist r ict No. 2 Palmer Plant at ion M.U.D. #1 Palmer Plant at ion M.U.D. #2 Palo Pi nt o Count y ESD 2 Par kway Ut ilit y Di st r i ct Pear land MMD 1 Pecan Gr ove M.U.D. Plant at ion M.U.D. Point Aquar ius Municipal Ut ilit y Dist r ict Por t O'Connor ID Public Ut ilit ies Board of t he Cit y of Br ownsville Reeves Count y Emer gency Ser vice Dist r ict No 1 Reeves Count y Emer gency Ser vice Dist r ict No 2 Ref ugio Count y Appr aisal Di st r i ct Reid Road M.U.D. #2 Remingt on M.U.D. #1 Ricewood MUD River Pl ant at ion MUD Rock Pr air ie MD NO. 2 Rocket t Special Ut il it y Dist r ict (SUD) Sagemeadow UD Sam Ray bur n Muni ci pal Power Agency San Ant onio Wat er Syst em San J aci nt o Count y ESD San Pat r icio Cnt y. Dr ainage Dist . (U.D.) Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Cit y of Levelland Communi t y Development Cor por at i on Cit y of Levelland Economic Dev Cor p Coast al Bend Coll ege Coast al Pl ai ns MHMR Dall as Ar ea Rapid Tr ansit Aut hor i t y (DART) Dall as Col lege Dall as For t Wor t h Air por t Boar d At l ant a Hospi t al Aut hor it y Bast r op Economic Development Cor p Blinn College Bulver de Ar ea Rur al Libr ar y Dist r ict Canyon Lake Librar y Dist r ict Cent r al Texas College Cit y of Andr ews - Economic Development Cor por at ion Ot her Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Shasla PUD Sheldon Road Municipal Ut ili t y Dist r ict Si enna MD Si enna MUD No. 5 Si enna MUD No. 6 Si enna Pl ant at ion Levee Impr ovement Dist r ict Si enna Pl ant at ion MUD #12 Si enna Pl ant at ion MUD #2 Si enna Pl ant at ion MUD 3 Si enna Regional MUD Sout h Shor e Har bour MUD No. 7 Sout h Texas Wat er Aut hor it y (U.D.) Sout hwest MD Spani sh Cove PUD Spencer Road Public Ut il it y Dist r ict Spr ing West MUD St . Geor ge Pl ace Management Dist r ict The Woodlands Met r o Cent er MUD The Woodlands MUD No. 1 The Woodlands Wat er Agency Tr avis Count y ESD No. 13 Vict or ia Count y Navigat ion Dist r ict Waller Count y MUD No 19 Waller Count y MUD No. 18 Waller Count y Road Impr ovement Dist r ict #1 Waller -Har r is ESD No. 20 0 West Har r is Co Municipal Ut ilit y Dist r ict #21 West Har r is Count y M.U.D. #11 West Har r is Count y MUD No. 16 West Par k M.U.D. West ador M.U.D. West lake M.U.D. Willow For k Dr ai nage Dist r ict (U.D.) Willow Point MUD Wilson Count y Emer gency Ser vices Dist r ict #3 Wilson Count y ESD #2 Windf er n For est Ut i lit y Di st r i ct Woodt r ace MUD No. 1 Speci al Di st r i ct s (cont .) Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Tex as Cooper at i v e L i qu i d A ss et s Sec ur i t i es Sy s t em Tr u st Old Si xt h War d Redevel opment Aut hor it y OST/Almeda Redevelopment Par is Economic Development Cor por at ion Per mian Basin Regi onal Planning Commission Por t of Har lingen Aut hor it y Por t of Houst on Aut hor it y Salado Public Li brar y Dist r ict Sam Houst on St at e Univer si t y San J aci nt o River Aut hor it y Scher t z/Seguin Local Gov't Cor p. Seguin Economic Devel opment Cor p. St . Geor ge Pl ace Redevelopment Aut hor it y St ephen F. Aust in St at e Univer si t y Temple J unior College Texas St at e Univer si t y Syst em Of f ice Texas Tech Univer sit y Syst em The Har r is Cent er f or Ment al Healt h and IDD Town of Hol lywood Par k Economic Devel opment Cor por at ion Tr opical Texas Behavioral Heal t h Tr oup Communit y Devel opment Cor porat ion UMB Bank Omnibus f or Cor por at e Tr ust Univer si t y of Nor t h Texas Univer si t y of Nor t h Texas at Dall as Univer si t y of Nor t h Texas Healt h Science Cent er Univer si t y of Nor t h Texas Syst em Village at Kat y Development Wel ls Far go Bank NA as TTEE f or Br ownsville ISD Dallas For t Wor t h Air por t Boar d PFC Denver Cit y Economic Development Cor por at ion Devel opment Cor porat ion of Mer cedes Inc. DeWit t Medical Dist r ict Flor esville 4 A Cor porat ion Gainsvil le Hospit al Dist r ict DBA Nor t h Texas Medi cal Cent er Gr eat er Houst on Tax Incr ement Reinvest ment Zone 24 Guadalupe Bl anco Ri ver Aut hor it y Gulf Coast Wast e Disposal Aut hor it y Har r is Count y Depar t ment of Educat ion Har r is Count y Hospi t al Dist r ict DBA Har r i s Healt h Syst em Har r is Count y Housing Fi nance Cor por at ion Har r is Count y Redevelopment Aut hor it y Hi ll Count r y Communit y MHMR Cent er dba Hill Count r y MHDD Cent er s Kr uger ville Communit y Development Cor por at ion Kr uger ville Economic Development Lake Houst on Redevelopment Aut hor it y Lower Neches Valley Aut hor i t y Mar bl e Fal ls Economi c Development Cor por at ion Maver ick Count y Hospit al Dist r ict Met r o Tr ansit Aut hor i t y of Har r is Count y MHMR Ser vi ces f or t he Concho Val ley Midwest er n St at e Univer sit y Nor t h Channel Wat er Aut hor it y Nor t h Texas Tollway Aut hor it y Nueces Count y Hospit al Di st r ict Tex as CL A SS Par t i c i pant L i s t Febr u ar y 2 0 2 3 Tot al : 9 5 4 Thi s par t i ci pant l i st i s bei ng made publ i c pur suant t o st at e st at ut e. The l i st ed par t i ci pant s ar e act i v e as of t he end of t he mont h. Ot her (cont ) Town of Westlake Staff Report 1500 Solana Blvd Building 7, Suite 7100 Westlake, TX 76262 File #:23-108 Agenda Date:4/24/2023 Agenda #:J.1. TOWN STAFF REPORT RECCOMENDATIONS The Town Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551 for the following: (a) Section 551.071(2): Consultation with Town Attorney to seek advice of counsel on matters in which the duty of the Town Attorney under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Texas Government Code. (Contract with Keller Police Department) and; (Entrada) (b) Section 551.089: Deliberation regarding Security Audits or Security Personnel (Westlake Academy School Resource Officer) (c) Section 551.074(a)(1): Deliberation regarding Personnel Matters (Evaluation of Town Secretary); (Town Manager Contract) and (Westlake Academy Personnel Duties and Organizational) Town of Westlake Printed on 4/19/2023Page 1 of 1 powered by Legistar™